Lahore Stock Exchange

{{Unreferenced|date=February 2008}} '''Lahore Stock Exchange (Guarantee) Limited''' (LSE) is Pakistan's second largest stock exchange after the [[Karachi Stock Exchange]]. It is located in [[Lahore]], [[Pakistan]]. == History == The Lahore Stock Exchange (Guarantee) Limited came into existence in October 1970, under the Securities and Exchange Ordinance of 1969 by the [[Government of Pakistan]] in response to the needs of the provincial [[metropolis]] of the province of [[Punjab (Pakistan)|Punjab]]. It initially had 83 members and was housed in a rented building in the crowded Bank Square area of [[Lahore]]. The number of listed companies has increased to 519 since its inception. With 37 sectors of the economy and 519 listed companies with total capital of Rs. 555.67 billion having market capitalization of around Rs. 2.51 trillion . The LSE has 152 members of which 81 are corporate, and 54 are individual members. The LSE was the first stock exchange in Pakistan to use the internet and currently 50% of its transactions are via the internet. The Lahore Stock Exchange has opened branches in the industrial cities of [[Faisalabad]] and [[Sialkot]] for trading. The Sialkot branch is referred to as the "[[Sialkot Trading Floor]]". == LSE Index == '''LSE-25''': The Lahore Stock Exchange Twenty Five company index calculates the performance of [[stock]]s assuming that all rights issues and [[bonus share]] issues only increase the listed [[Capital (economics)|capital]] so that the prices of the shares are not adjusted as they are in the case of the LSETRI. The LSE25 also assumes that [[dividend]]s paid out by a component company are not [[investing|reinvested]]. In summary, in the LSE25, no price adjustments are made when any component company issues cash dividends. ==LSETRI== 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. ==Members== Some of the most notable Stock Brokers/Members in Lahore Stock Exchange include: [[128 Securities]], Abbasi & Company, Adeel Zafar Securities, Dr. Arsalam Razaque Securities, Dosslanis Securities, Habib Ullah Sheikh, KSR Stock Broker, M.R. Securities, Rahat Securities, Y.S. Securities, Yasir Mahmood Securities, Zafar Securities, Mubashar Latif (Ex-President), Azan Mubashar (Ex-Executive Vice-President), Abubakar Mubashar (Ex-C.E.O), ==See 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.128securities.com 128 Securities [Corporate Member 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] {{LahoreTopics}} {{Economy of Pakistan topics}} {{coord missing|Pakistan}}