In most cases, yes. Selling your existing holdings is generally permitted even when a stock is under surveillance. The exchange’s primary goal is to control fresh speculative buying not to prevent existing investors from exiting their positions.
However, in certain advanced stages of surveillance frameworks like GSM, even selling may come with conditions such as the trade being settled on a trade-to-trade basis, meaning you cannot use the sale proceeds for intraday trading on the same day.
If you are unsure whether you can sell a specific stock, try placing the order on Samco. The platform will reflect the current restrictions at the time of order placement. If there is a restriction on selling, you will see a message explaining why the order cannot be processed.
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