Intermarket Securities Limited (IMS)

Intermarket Securities Limited (IMS) clarified in response to a PSX inquiry that it is not aware of any undisclosed material information or price-sensitive matter that could explain the recent unusual movement in its share price.

Intermarket Securities Limited has signed a Memorandum of Understanding (MoU) with Biowaste Energy Ventures (Private) Limited to collaborate on ESG compliance initiatives. The agreement focuses on developing waste-collection infrastructure for clean energy conversion and does not involve any binding financial or equity commitment.

Intermarket Securities Limited has received approval from the Securities and Exchange Commission of Pakistan (SECP) to operate a Shariah-compliant brokerage service through an Islamic Window. The company has appointed Al-Hilal Shariah Advisors (Pvt.) Limited to ensure adherence to Shariah governance requirements.