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LAHORE: Bearish trend prevailed in Lahore Stock Exchange on Monday as it shed 25.60 points, following the LSE-25 index opened with 3663.52 and closed at 3637.92 points.

The market's overall situation also did not correspond to an upward trend as it remained at 4.766 million shares to close against previous turnover of 7.885 million shares, showing a downward slide of 3.119 million shares. While out of the total 95 active scrips 19 moved up, 51 remained equal and 25 shed values.

Engro Foods Limited, Fauji Fertilizer Bin Qasim and Engro Corporation Limited were major gainers of the day by recording increase in their per share value by Rs 2.72, Rs 1.51 and Re 0.58 respectively.

Pakistan Petroleum Limited, Adamjee Insurance Company and Muslim Commercial Bank Limited lost their per share value by Rs 3.47, Rs 3.38 and Rs 2.60 respectively.

The volume leader of the day included Fauji Cement Company Limited with 1.051 million shares, Worldcall Telecom Limited with 708,105 shares and The Bank of Punjab Limited with 612,988 shares.

Copyright APP (Associated Press of Pakistan), 2012

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