128 Securities
Encyclopedia
128 Securities Ltd. is a Corporate Member of Lahore Stock Exchange
Lahore Stock Exchange
Lahore Stock Exchange Limited is Pakistan's second largest stock exchange after the Karachi Stock Exchange. It is located in Lahore, Pakistan.- History :...

 (LSE). Its offices are located in Lahore
Lahore
Lahore is the capital of the Pakistani province of Punjab and the second largest city in the country. With a rich and fabulous history dating back to over a thousand years ago, Lahore is no doubt Pakistan's cultural capital. One of the most densely populated cities in the world, Lahore remains a...

, Pakistan
Pakistan
Pakistan , officially the Islamic Republic of Pakistan is a sovereign state in South Asia. It has a coastline along the Arabian Sea and the Gulf of Oman in the south and is bordered by Afghanistan and Iran in the west, India in the east and China in the far northeast. In the north, Tajikistan...

.

History

128 Securities formerly known as Shahid Mahmood Brokerage House started out as a bonds
Bond (finance)
In finance, a bond is a debt security, in which the authorized issuer owes the holders a debt and, depending on the terms of the bond, is obliged to pay interest to use and/or to repay the principal at a later date, termed maturity...

 and securities business in 1986 and later established itself as a stocks brokerage house in 1993. In 2006, then Shahid Mahmood Brokerage House converted its single man membership into a private limited company with the same membership but with a new name i.e. 128 Securities (Pvt.) Ltd. The house is being run by sons of Late Akram Sultan Mahmood who was the first member of the Lahore Stock Exchange who received the Role of Honor Award from the exchange. 128 Securities has built up an extensive network of investors in Pakistan and, more recently, abroad in particularly Dubai
Dubai
Dubai is a city and emirate in the United Arab Emirates . The emirate is located south of the Persian Gulf on the Arabian Peninsula and has the largest population with the second-largest land territory by area of all the emirates, after Abu Dhabi...

, UK and the US.

Branches

The house originally had one office in the LSE building and later branched out – a second office was established in 1996 in Defence Housing Authority, Lahore
Defence Housing Authority, Lahore
The Defence Housing Authority , Lahore is a housing society located in southern Lahore, Pakistan. It was originally built for army officers, but is now a popular destination for potential residents and businessmen...

, a third office established in 2000 in Garden Town
Garden Town
Garden Town is a suburban locality located in Lahore, Pakistan.-History:Garden Town was acquired in 1960 by the Lahore Development Authority, which at that time was called the Lahore Improvement Trust. Prior to that the majority of the land was being used for agriculture. Due to its close proximity...

, Lahore. Being a part of 128 Securities (Pvt.) Ltd., clients can avail a number of opportunities for both long term and short term investment
Investment
Investment has different meanings in finance and economics. Finance investment is putting money into something with the expectation of gain, that upon thorough analysis, has a high degree of security for the principal amount, as well as security of return, within an expected period of time...

 which come across in stock exchange
Stock exchange
A stock exchange is an entity that provides services for stock brokers and traders to trade stocks, bonds, and other securities. Stock exchanges also provide facilities for issue and redemption of securities and other financial instruments, and capital events including the payment of income and...

 growth.

Facilities

Facilities provided by the company include an access to the Lahore and Karachi Trading terminal which enables the client to trade in the stock markets of the Karachi Stock Exchange
Karachi Stock Exchange
The Karachi Stock Exchange or KSE is a stock exchange located in Karachi, Sindh, Pakistan. It is Pakistan's largest and oldest stock exchange, with many Pakistani as well as overseas listings. Currently located in Stock Exchange Building on Stock Exchange Road, in the heart of Karachi's Business...

 as well as the Lahore Stock Exchange. Staff of 128 Securities includes analysts who monitor the market and study the market behaviors to give Price Pattern Analysis (Chart pattern) reports on a Daily, Weekly and Monthly basis. Setup of 128 Securities is such that it allows online execution of trading and gives 24/7 service to its clients. Clients can also be updated through Short Message Service
Short message service
Short Message Service is a text messaging service component of phone, web, or mobile communication systems, using standardized communications protocols that allow the exchange of short text messages between fixed line or mobile phone devices...

.

See also

  • Lahore Stock Exchange
    Lahore Stock Exchange
    Lahore Stock Exchange Limited is Pakistan's second largest stock exchange after the Karachi Stock Exchange. It is located in Lahore, Pakistan.- History :...

  • Karachi Stock Exchange
    Karachi Stock Exchange
    The Karachi Stock Exchange or KSE is a stock exchange located in Karachi, Sindh, Pakistan. It is Pakistan's largest and oldest stock exchange, with many Pakistani as well as overseas listings. Currently located in Stock Exchange Building on Stock Exchange Road, in the heart of Karachi's Business...

  • Islamabad Stock Exchange
    Islamabad Stock Exchange
    Islamabad Stock Exchange or ISE is one and youngest of the three stock exchanges of Pakistan and is located in the capital of Islamabad. Islamabad stock exchange was incorporated as a guarantee limited company on 25 October 1989 in Islamabad capital territory with the main object of setting up of...

  • Economy of Pakistan
    Economy of Pakistan
    The economy of Pakistan is the 47th largest in the world in nominal terms and 27th largest in the world in terms of purchasing power parity . Pakistan has a semi-industrialized economy, which mainly encompasses textiles, chemicals, food processing, agriculture and other industries...

  • Economy of Lahore
    Economy of Lahore
    The economy of Lahore has a diversified base spanning from telecommunication, information technology, manufacturing industry, engineering, pharmaceuticals, steel, chemicals and construction material. As a major urban centre, the economy of Lahore has relatively prospered. Lahore is hailed as the...

  • List of South Asian stock exchanges

External links

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