Mixed sentiments prevailed on the Lahore Stock Exchange on Friday and the equities stayed in green zone amid marginally decreased trading turnover. The LSE-25 index lost 22.26 points and ended at 5790.49 against 5812.75 of Thursday while transaction volume squeezed to 1.424 million shares compared with the day earlier volume of 1.735 million shares.
The market after resuming trading on a depressed note slightly improved but could not sustain in the absence of buyers' interest and started declining. Pak Elektron, Maple Leaf Cement, Flying Cement, Dewan Cement, Power Cement, Dewan Farooq Motors, Lotte Chemical, Dewan Salman Fibre, Fauji Fertilizer and WorldCall Telecom registered gains while MCB Bank, Askari Bank, Bank Alfalah, Ghani Global Glass, Byco Petroleum, Japan Power, Golden Arrow, Fauji Cement, PIA and K-Electric remained under selling pressure.
Of 83 active issues, 17 companies posted gains, 15 suffered declines while 51 remained unchanged at their previous closing. The Pak Elektron gained Rs 2.50, Maple Leaf Cement was improved by Rs 1.10 while Dewan Farooq Motors and Flying Cement were up by 71 paisas and 67 paisas, respectively. The MCB Bank lost Rs 3.49, Ghani Glass shed Rs 1.05 while Byco Petroleum and Japan Power were down by 40 paisas and 35 paisas, respectively. The NIB Bank with trading of 238,000 shares topped the volume leaders followed by Dewan Cement with 219,500 shares.
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