Trading in the shares of Trust Commercial Bank Limited will start on the Lahore Stock Exchange (LSE) from Friday.
The Trust Commercial Bank Limited has been formally listed at the exchange following the amalgamation of Trust Bank Ltd, Fidelity Investment Bank Ltd, and branches of Doha Bank in Pakistan, which will stand delisted from ready-board quotation of the exchange.
According to a notification issued by the LSE on Thursday, the market lot of the Trust Commercial Bank will be 500 shares each of Rs 10 denomination. The central depository Company (CDC) has already declared the shares of the bank eligible security and all the movement of shares will be routed through the clearing house from the said date on T+3 settlement basis.
The bank will be quoted under 'Commercial Banks' sector of ready-board quotation of the LSE, while its code/security symbol will be TCBL, the notice added.