TROUBLESHOOTING
What "last traded", dormant and suspended mean on a stock page
A dormant share has not traded for 30 days or more. How SuperX words it, why it never calls a quiet share delisted, and what a PSX label on the page means.
By the SuperX team · Updated
A stock page says “last traded” when SuperX holds no live price for the share and shows its last close. A share is dormant when its last recorded trade is 30 days or more before the date the page’s data is current to, and never traded when no session SuperX has collected carries a trade for it. These are statements about SuperX’s own record, and a quiet share is never called delisted on that evidence alone.
What does “last traded” mean?
For a share with no live quote, the page replaces “share price” with a sentence such as “Agro Allianz (AAL) last traded at Rs 16.00 on 26 Sep 2024.” The search result’s description says the same, so a reader is not shown an old price as today’s. The opening sentence and the search description give the price and the date and no percentage change. The price row at the top still prints a change of 0.00% beside “Close” and the date of that session, because nothing traded since: read the 0.00% as no trading, not as a flat day.
When is a share called dormant?
SuperX counts the days between the share’s last session and the date the data is current to, and calls the share dormant at 30 days or more. Thirty days is about twenty trading sessions, long enough that a run of public holidays or a thin week cannot reach it. The sentence on the page is arithmetic on two dates, for example:
No trade has been recorded for AAL since 26 Sep 2024 — 753 days before 19 Oct 2026. The figures on this page are from that session.
The count runs to the date of the snapshot, not to the day you read the page, so the number of days is true of the data on the page. On the snapshot of 19 October 2026, 179 of 721 symbols were dormant.
What does “never traded” mean?
The page says: “No trade has been recorded for [symbol] in any session SuperX has collected, so there is no price to show. The company may well have traded before our collection began.” It is a statement about SuperX’s record and not about the company. On the same snapshot, 39 of 721 symbols had never traded.
What does a PSX label like suspended mean?
Some pages carry a second sentence: “The Pakistan Stock Exchange’s own company page for [symbol] carried the label SUSPENDED when SuperX read it on [date].” It quotes the label on PSX’s company page and the day SuperX read it. SuperX writes out only three labels: DELISTED, SUSPENDED and WINDING-UP. It carries NON-COMPLIANT and CHANGED in its data but does not write them out, because neither has a second source and neither has a meaning SuperX has written down. A label with no read date is not published at all.
The two sentences are separate claims with separate evidence. A long silence is never upgraded to a delisting, and a delisting is not inferred from silence. For the status of a company, check PSX.
What if the share became another ticker?
When a rename is confirmed, the page says what the ticker became and links to the new ticker’s page, where the price history continues.
Where do I go next?
For how often prices refresh, read when prices update and why a price is stale. If a page says a share has not traded and you can show that it has, report the wrong figure.