In a recent development, the Securities and Exchange Commission of Pakistan (SECP) has firmly denied any investigations into allegations that the stock market was intentionally manipulated to cause a decline. This clarification comes amidst a backdrop of rumors and social media speculation suggesting that a cartel of brokers might have orchestrated the market's downturn. The SECP stated, "market fluctuations occur due to a range of economic and financial factors," emphasizing that attributing these movements to a single cause or conspiracy theory is misleading. They reiterated their commitment to continuous market surveillance through a modern, automated system designed to ensure transparency and protect investor interests (ProPakistani, February 27, 2026; Tribune Latest, February 26, 2026).
BUSINESS
Secp Denies Investigation Into Alleged Stock Market Manipulation
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The SECP of Pakistan denies stock market manipulation allegations, attributing fluctuations to economic factors, while also updating Shariah criteria to enhance market integrity and investor confid...
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PRpropakistani.pk
TNBnation.com.pk
TLtribune.com.pk
