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Markets

LSE sheds 4.62 points

Published Updated

lahore-stocks-LAHORE: Bearish trend prevailed in Lahore Stock Exchange on Wednesday as it shed 4.62 points, following the LSE-25 index opened with 4249.12 and closed at 4244.50 points.

The market's overall situation, however, corresponded to an upward trend as it remained at 2.999 million shares to close against previous turnover of 3.050 million shares, showing an upward move of 50,300 shares. While, out of the total 100 active scrips 25 moved up, 58 remained equal and 17 shed values.

Pakistan Petroleum Limited, Pakistan State Oil Company Limited and Dawood Hercules Corporation were Major Gainer of the day by recording increase in their per share value by Rs 3.80, Rs 2.30 and Rs 1.90 respectively.

Nishat Mills Limited, Fauji Fertilizer (Bin Qasim) and Engro Foods Limited lost their per share value by Rs 1.55, Re 0.59 and Re 0.48 respectively.

The Volume Leader of the day included NIB Bank Limited with 975,000 shares, The Bank of Punjab Limited with 366,000 shares and Fauji Cement Company Limited with 362,000 shares.

Copyright APP (Associated Press of Pakistan), 2012

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