- Lahore Stock Exchange
Infobox Exchange
name = Lahore Stock Exchange
nativename =
type =Stock Exchange
city = Lahore
country = Pakistan
coor =
founded = 1970
owner = Lahore Stock Exchange Limited
key_people = Arif Saeed(Chairman)
currency = PKR
listings = 671
mc
volume = US$ 12 billion.
indexes =LSE 25 Index
homepage = [http://www.lahorestock.com]
footnotes =Lahore Stock Exchange (Guarantee) Limited is Pakistan's second largest stock exchange after the
Karachi Stock Exchange . It is locatedLahore ,Pakistan .History
Lahore Stock Exchange (Guarantee) Limited came into existence in October 1970, under the Securities and Exchange Ordinance, 1969, of the
Government of Pakistan in response to the needs of the provincialmetropolis of the province of Punjab. It initially had 83 members and was housed in a rented building in the crowded area of Bank Square inLahore . The number listed companies has increased to 519 since its inceptopn.With 37 sectors of economy and 519 listed companies with total capital of Rs. 555.67 billion having market capitalization of around Rs. 3.64 trillion . LSE has 152 members of whom 81 are corporate 54 are individual members.LSE was first stock exchaneg of pakistan which used internet and currently 50% of its transactions are done on internet.Lahore Stock Exchange has opened branches in the industrial cities of
Faisalabad andSialkot for trading. The Sialkot branch is referred to as "Sialkot Trading Floor ".LSE Index
LSE-25: The Lahore Stock Exchange Twenty Five company index also calculates the performance of
stock s assuming that all rights issues andbonus share issues only increase the listed capital. In the case of bonuses or rights the prices of the shares are not adjusted as they are in the case of the LSETRI. However, the LSE25 assumes thatdividend s paid out by a component company are not reinvested. In summary, in the LSE25, no price adjustments are made when any component company issues cash dividends.The Lahore Stock Exchange Total Return Index calculates the performance of stocks assuming that all payouts are reinvested in the index on the ex-date. The LSETRI assumes that if a component company issues bonus shares or announces a rights issue it will increase the listed capital. Additionally, the LSETRI also assumes that all pay-outs by a component company are 100% reinvested in the index. Therefore, the LSETRI is adjusted against such payouts announced by any of index constituents on its ex-date allowing the index value to remain comparable over time.
ee also
*
Karachi Stock Exchange
*Islamabad Stock Exchange
*Economy of Pakistan
*Economy of Karachi
*List of South Asian stock exchanges External links
* [http://www.lahorestock.com Lahore Stock Exchange]
* [http://www.tezimandee.com/forum/index.php Tezi Mandee - Comprehensive Community Of Pakistani Investors & Traders]
* [http://www.hafizinvestors.com Hafiz Investors Service - Equity Research & Analysis for the Pakistani Investor]
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