LSE sheds 5.93 points

LAHORE: Bearish trend prevailed in Lahore Stock Exchange on Tuesday as it shed 5.93 points, following the LSE-25 index opened with 4336.77 and closed at 4330.84 points.

The market's overall situation, however, corresponded to an upward trend as it remained at 6.685 million shares to close against previous turnover of 5.596 million shares, showing an upward move of 1.088 million shares. While, out of the total 108 active scrips 14 moved up, 31 shed values and 63 remined equal.

Engro Corporation Limited, Attock Refinery Limited and Muslim Commercial Bank were major gainers of the day by recording increase in their per share value by Rs 4.13, Rs 2.14 and Rs 1.90 respectively.

Sui Northern Gas Pipeline Limited, D.G.Khan Cement Company and EFU General Insurance Limited lost their per share value by Rs 1.17, Rs 1.15 and Re 1.04 respectively.

The Volume Leader of the day included Fauji Cement Company Limited with 2.930 million shares, Pace Pakistan Limited with 982,000 share and Byco Petroleum Pakistan 734,000 shares.