Lahore stock exchange: Bourse demands bailout package

LSE demanded the government to announce a bailout package to bring stability into the stock market.

LAHORE: Lahore Stock Exchange (LSE) Managing Director Aftab Ahmed Chaudhry on Tuesday demanded the government to announce a bailout package to bring stability into the stock market, which has been badly affected by NATO’s attack on Pakistan’s securities forces. He said that national and international investments have reduced and commercial and business activities are at the verge of closure, adding the bail out package would help attract investors. The MD said the global economic crisis had badly affected the economies of USA and European countries but their governments had announced bail-out packages to support the respective stock markets.

Published in The Express Tribune, November 30^th, 2011.