LSE Group (Pakistan) facts for kids
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| Public | |
| Traded as | PSX: LSECL PSX: LSEFSL PSX: LSEVL |
| Industry | Finance |
| Founded | 1970 |
| Headquarters |
Lahore, Pakistan
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The LSE Group, once known as the Lahore Stock Exchange, is a company from Pakistan. It is based in Lahore. The LSE Group is made up of three main companies: LSE Capital, LSE Financial Services, and LSE Ventures. All these companies are listed on the Pakistan Stock Exchange. This means their shares can be bought and sold by the public.
Contents
History of the Lahore Stock Exchange
How it Started
The Lahore Stock Exchange (LSE) began in October 1970. It was created by the Government of Pakistan to help with money matters in Punjab, a big province in Pakistan. When it first opened, 83 companies were listed there. Its main office was in Bank Square, Lahore. Over time, the number of companies listed grew to 519.
Challenges and Changes
In 2000, the LSE faced a big problem when the stock market had a difficult time. This led to a temporary stop in trading. Later, in 2014, some people working at the Lahore Stock Exchange were found to be involved in illegal money transfers. The authorities investigated this to make sure everything was fair and legal.
The Lahore Stock Exchange also opened smaller offices in other industrial cities like Faisalabad and Sialkot. This helped more people in those areas to take part in stock trading. The Sialkot office was even called the Sialkot Trading Floor.
Joining the Pakistan Stock Exchange
On January 11, 2016, a big change happened. The Lahore Stock Exchange joined with two other stock exchanges in Pakistan: the Karachi Stock Exchange and the Islamabad Stock Exchange. They all came together to form one large exchange called the Pakistan Stock Exchange. This made the stock market in Pakistan stronger and more organized.
Understanding Stock Indexes
What is LSE-25?
The LSE-25 was a special way to measure how well the top 25 companies on the Lahore Stock Exchange were doing. It looked at the prices of their stocks. This index assumed that when companies gave out extra shares (like bonus shares) or offered new shares (rights issues), it just made the company's total shares bigger. It did not change the price of each share in the index. Also, if a company paid out dividends (money to shareholders), the LSE-25 did not pretend that this money was put back into buying more shares.
What is LSETRI?
The LSETRI (Lahore Stock Exchange Total Return Index) was another way to measure stock performance, but it was different from LSE-25. The LSETRI assumed that any money paid out by a company, like dividends or extra shares, was immediately reinvested back into the index. This means it acted as if you used any money you got from your shares to buy even more shares. This made the LSETRI a good way to see the true overall growth of investments over time, as it adjusted for all these payouts.
See also
- List of South Asian stock exchanges
