LAHORE, May 12: The Lahore Stock Exchange (LSE) on Thursday had to temporarily suspend trading for a few minutes in the shares of Oil and Gas Development Corporation (OGDC) on its electronic trading system — Ultra Trade. A news announcement issued by the LSE said the suspension of trading in the shares of OGDC occurred at 1:29 p.m. due to some technical reasons.
During this suspension, all outstanding orders in OGDC were cancelled and normal trading was restored at 1:38 p.m. The electronic trading software also experienced slowdown for a short while. As a result, the trading timings were extended by 10 minutes, and the market closed at 2:25 p.m.
The Lahore Stock Exchange said the system was now fully operational and normal market timings would be observed from Friday onwards.
