The Securities and Exchange Commission of Pakistan (SECP) has suspended the trading in the shares of Islamic Investment Bank Limited (IIBL) for a further period of 60 days from Wednesday.
A letter sent by the SECP to Lahore Stock Exchange (LSE) on Monday said that the Commission, in exercise of its powers under Section 9(7) of the Securities and Exchange Commission Ordnance 1969, ordered the suspension of trading in the shares of Islamic Investment Bank Limited with effect from March 12.