Tag: Lse

LSE slides 42 points

Lahore Stock Exchange (LSE) remained bearish. The LSE 25-share index shed 42.50 points and closed at 3,161.71. Overall traded volume was recorded at 1.79...

LSE falls marginally

The Lahore Stock Exchange (LSE) fell marginally with a slight increase in trading volume on Wednesday. The LSE-25 share index shed 5.12 points and...

Bank Alfalah gives briefing at LSE

The CEO of Bank Alfalah Limited dispelled any rumors that the Bank and Abu Dhabi Group are looking to exit Pakistan through divestment or...

LSE organises economic management conference

State Bank of Pakistan Governor Shahid H Kardar inaugurated a session on economic management at the seventh annual conference organised by the Lahore School...

LSE to hold conference on macroeconomic management

The Lahore School of Economics (LSE) is holding its Seventh Annual Conference on the management of the Pakistan Economy from May 4 to 6...

LSE expels two corporate members

LAHORE - The Lahore Stock Exchange (LSE) has decided to expel Khalid Javed Securities and HSZ Securities, corporate members of the Exchange on account of filing of winding up petition before the Lahore High Court. This decision was taken in a meeting of the Governing Board of Directors of the Exchange where a resolution for expulsions of Khalid Javed Securities (Pvt) Limited and HSZ Securities (Pvt) Limited with immediate effect was unanimously adopted to safeguard investors'

LSE expresses grief over Muhammad Hanif’s death

LAHORE - The Lahore Stock Exchange announced, with great grief, the demise of Equities Master Securities Director Muhammad Hanif, father of CEO Muhammad Rafique and Director Muhammad Farooq. Hanif was a prominent personality amongst his investors.
He started his business in the Lahore Stock Exchange (LSE) at an initial level. Through his hard work, he became a member of the Exchange. His family has long been associated with the Stock Brokerage business and his services for the

LSE mourns Moti’s death

LAHORE - Lahore Stock Exchange (LSE) members on Sunday condoled the death of former LSE member Siddiqui Moti, who was father of Karachi Stock Exchange (KSE) Director and LSE Member Zafar Moti.
In a condolence message, the LSE spokesman said that Moti was amongst the founding members of both the LSE and KSE, as his family has been associated with stock brokerage business since long. He said that Moti's services for stock exchanges in Pakistan will be remembered for a long time to

LSE closes in green zone

LAHORE - The Lahore Stock Exchange (LSE) remained range bound and closed in green zone, while the volume stayed stagnant on Thursday. The LSE 25-shares added 4.16 points to close at 3,342.56 against its opening at 3,338.40 levels. Out of total 97 active scrips, 24 went up, 37 dwindled and 36 closed without any change in their opening values. Volume of the market remained 2.46 million shares, which was 0.04 million shares more than Wednesday's turnover of 2.02 million shares. Lotte

LSE approves listing of Habib cash fund

LAHORE - The Lahore Stock Exchange (LSE) has approved the application for formal listing and quotation of the units of First Habib Cash Fund, an open end fund managed by Habib Asset Management Ltd. The fund will be quoted under 'Open-End Fund' sector of the Ready Board Quotation of the Exchange with effect from today.
First Habib Cash Fund is managed by Habib Asset Management Limited with aiming to provide its unit-holders competitive returns from a portfolio of low risk, short

Aftab Khan elected new LSE chairman

LAHORE - Aftab Ahmed Khan has been unanimously elected as the Chairman of the Governing Board of Directors (BOD) for the year 2011 in the first meeting of the board held today at Lahore Stock Exchange (LSE).
Khan is a non-member director of the exchange, nominated by the Securities and Exchange Commission of Pakistan (SECP). Aftab Ahmed Khan is a Fellow Member of the Institute of Chartered Accountants of Pakistan with a diverse professional career that spans over 40 years.

LSE remains static, loses 4pts

LAHORE - The Lahore Stock Exchange (LSE) remained range bound and closed in red zone with a stagnant volume on Friday. The LSE 25-shares lost 4.89 points to close at 3,236.69 against its opening at 3,241.58 levels. Out of total 107 active scrips, 34 went up, 20 went down and 53 closed without any change in their opening values.
The volume of the market remained 2.26 million shares, which was 0.2 million shares less than Thursday's turnover of 2.46 million shares. Lotte Pakistan

LSE witnesses decline

LAHORE - The Lahore Stock Exchange (LSE) witnessed a small decrease in the volume on Monday. The LSE 25-shares lost 42.46 points to close at 3,374.25 against its opening at 3,416.71 levels.
Out of total 97 active scrips, 6 went up, 45 went down and 46 closed without any change in their opening values. The volume of the market remained 3.13 million shares, which was 1.18 million shares less than Friday's turnover of 4.32 million shares.
National Bank of Pakistan was the

SECP nominates LSE directors

KARACHI - The Securities and Exchange Commission of Pakistan (SECP) has nominated high profile and experienced professionals from the financial and capital markets as directors on the Board of Lahore Stock Exchange (LSE) for 2011. The nominees are Nishat Group Group Director (Finance and Accounts) Aftab Ahmad Khan, Crosby Capital Pakistan (Private) Limited Chief Executive Mumtaz Hussain Syed, Trust Investment Bank Limited Chairman Asif Kamal, and Kohinoor Maple Leaf Group former Group

LSE recovers in volume

LAHORE - The Lahore Stock Exchange (LSE) remained bullish marked by a slender recovery in volume. The LSE 25-shares added 34.88 points to close at 3,597.01 against its opening at 3,562.13 levels. Out of total 103 active scrips, 41 went up, 15 went down and 47 closed without any change in their opening values. Volume of the market remained 4.75 million shares, which was 0.89 million shares more than Wednesday's turnover of 3.86 million shares. Lotte Pakistan PTA, with a turnover of 0.6

LSE accumulates 57 points

LAHORE - The Lahore Stock Exchange (LSE) remained bullish marked by a slender improvement in volume. The LSE 25-shares added 57.48 points to close at 3,687.72 against its opening at 3,635.97 levels. Out of total 102 active scrips, 43 went up, 12 went down and 47 closed without any change in their opening values. Volume of the market remained 2.78 million shares, which was 1.03 million shares more than Tuesday's turnover of 1.75 million shares. Fauji Fertilisers Bin Qasim, with a

LSE institutes training programmes

LAHORE - The Lahore Stock Exchange launched continuous professional development programmes, a series aimed to equip members of the Exchange to meet the challenges of contemporary and developing financial system of Pakistan. "Starting IPO Advisory Services" was the first program of this series in which AKD Securities Limited CEO Muhammad Farid Alam highlighted the responsibilities of members while advising their clients on investment in new stock issues. Alam a seasoned advisor and