Lahore Stock Exchange

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Lahore Stock Exchange
لاہور بورس
Lahore Stock Exchange logo.png
TypeStock exchange
LocationLahore, Pakistan
ClosedJanuary 11, 2016 (2016-01-11)
OwnerLahore Stock Exchange
Key peopleAftab Ahmad Khan, CEO
CurrencyPakistani Rupee
No. of listings671
Market cap555.67 billion (US$5.3 billion)
Volume2.51 trillion (US$24 billion)
IndicesLSE 25 Index

The Lahore Stock Exchange (Urdu: لاہور بورس‎ or PSX-LSE) was a stock exchange located in Lahore, Punjab, Pakistan. It was merged into the Pakistan Stock Exchange, along with the Karachi Stock Exchange and Islamabad Stock Exchange in 2016.[1]


The Lahore Stock Exchange was established in October 1970, under the Securities and Exchange Ordinance, 1969 by the Government of Pakistan in response to the needs for the provincial capital of Punjab. It initially had 83 companies listed and was headquartered at Bank Square in Lahore. The number of listed companies increased to 519 since its inception. The LSE has a total capital of 555.67 billion (US$5.3 billion) with a market capitalization of 2.51 trillion (US$24 billion). The Lahore Stock Exchange opened branches in the industrial cities of Faisalabad and Sialkot for trading. The Sialkot branch is referred to as the Sialkot Trading Floor. With effect from 11 January 11 2016, the Lahore Stock Exchange was integrated with the Karachi Stock Exchange and Islamabad Stock Exchange under the Stock Exchanges (Corporatisation, Demutualization and Integration) Act, 2012 to form the Pakistan Stock Exchange.


LSE-25: The Lahore Stock Exchange Twenty Five company index calculates the performance of stocks assuming that all rights issues and bonus share issues only increase the listed 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 dividends 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.

See also[edit]


  1. ^ "Pakistan Stock Exchange formally launched". Dawn.

External links[edit]