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Markets

LSE sheds 36.41 points

Published Updated

lahore-stocks-LAHORE: Bearish trend witnessed in the Lahore Stock Exchange on Wednesday as it shed 36.41 points, following the LSE-25 index opened with 4156.01 and closed at 4119.60 points.

 

The market's overall situation also did not correspond to an upward trend as it remained at 3.651 million shares to close against previous turnover of 3.725 million shares, showing a downward slide of 73,100 shares. While, out of the total 89 active scrips 24 moved up, 45 remained equal and 20 shed values.

 

Pakistan Oil Fields Limited, Hub Power Company Limited and Nishat Mills Limited were Major Gainer of the day by recording increase in their per share value by Rs 5.07, Rs 1.57 and Rs 1.51 respectively.

 

Engro Corporation Limited, Faysal Bank Limited and Cyan Limited (Central) lost their per share value by Rs 1.31, Re 0.80 and Re 0.56 respectively.

 

The Volume Leader of the day included Karachi Electric Supply Company with 487,000 shares, Lafarge Pakistan Cement with 442,000 shares and Pakistan Tele Communication Limited with 374,500 shares.

Copyright APP (Associated Press of Pakistan), 2012

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