Lahore Stock Exchange recomposes Exchange’s-25 Index

Lahore, December 31, 2012 (PPI-OT): Lahore Stock Exchange Limited has recomposed LSE’s -25 Index. By the Management of The Lahore Stock Exchange an exercise has been carried out to recompose the LSE-25 Index on the basis of the top volume leader companies for the period from January 1, 2012 to December 31, 2012. The LSE-25 Index has been recomposed in accordance with its policy to do the exercise on semi-annual basis which has been implemented.

In recomposed index replaced three (3) Companies named Attock Refinery Limited, Nishat Mills Limited, Summit Bank Limited by Flying Cement Company Limited, Pakistan Int’l.Airline Corporation (A) and Wateen Telecom Limited.

At this occasion Mr. Aftab Ahmed Chaudhry, Managing Director and Chief Executive Officer of the Lahore Stock Exchange briefed that the methodology of LSE-25 Index shall be shifted to free-float base in view to offset the asymmetry of the market volume based LSE-25 Index.

The LSE is committed to the stock investors to provide them exact and transparent reflection of the market in the shape of upward and downward trend of listed scrip’s traded in the Lahore Stock market on daily basis which commensurate with its movement of Index.

For more information, contact:
Lahore Stock Exchange (LSE)
19, Khayaban-e-Aiwan-e-Iqbal,
P.O. Box: 1315,
Lahore-54000, Pakistan
Tel: +9242 636 8000
FAX: +9242 636 484 -85
E-mail Address: info@LahoreStock.com
Web Site: http://www.lse.com.pk

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