Lahore, April 15, 2015 (PPI-OT): Lahore Stock Exchange Limited has approved the application for formal listing and quotation of the Units of HBL Mustehkum Sarmaya Fund 1 (Open end Fund managed by HBL Asset Management Ltd.) The Fund will be quoted under “Open-end Fund” sector of the Ready Board Quotation of the Exchange w.e.f. Thursday, April 16, 2015.
After listing of this fund at the Ready Board Quotation, the number of funds listed at LSE would reach to 72. The address of the Management Company is HBL Asset Management Ltd., 24 -C, Khayaban-e-Hafiz, Phase VI, DHA, Karachi. Phone # 021-111-425-262, Fax # 021-35240630.
Managing Director and Chief Executive Officer of Lahore Stock Exchange Mr. Aftab Ahmed Chaudhry congratulated the stakeholders and management of the new listed Fund M/s. HBL Mustehkum Sarmaya Fund 1, and informed the investors that after the listing of this fund at the Lahore Stock Exchange a new product in “OPEN END MUTUAL FUND” sector will available for investment.
MD also highlighted the steps taken by the LSE contributing to build a mechanism that has produced more transparency in the trading of the shares as well as to secure the investment of the investors. Lahore Stock Exchange is a fully electronic and completely automated stock exchange of Pakistan that is the only domestic exchange to have more than one trading floors in the region.
For more information, contact:
Barkat Ali Anjum
Deputy Manager-Media and Public Relations Department
Lahore Stock Exchange (LSE)
Lahore Stock Exchange Building,
19, Khayaban-e-Aiwan-e-Iqbal, P. O. Box: 1315,
Lahore – 54000, Pakistan
Category: General Business News