Karachi April 20 2022: Pakistan Stock Exchange inform that Fikree’s (Pvt.) Limited (“FPl”) has submitted its Liquid Capital Statement as of March 31, 2022 wherein the reported amount of LC is above the minimum specified threshold.
Consequently, in compliance with regulation of the Securities Brokers (Licensing and Operations) Regulations, 2016, PSX hereby restore the trading facility of FPL with immediate effect.
Earlier the exchange has restricted the trading facility of PFL due to non-compliance of Liquid Capital Statement with immediate effect until further notice and FPL shall only be allowed to close out its open positions in a controlled environment.