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Markets

LSE sheds 36.35 points

Published Updated

lahore-stocks-LAHORE: Bearish trend prevailed in Lahore Stock Exchange on Tuesday as it shed 36.35 points, following the LSE-25 index opened with 4190.45 and closed at 4154.11 points.

 

The market's overall situation also did not correspond to an upward trend as it remained at 3.057 million shares to close against previous turnover of 5.005 million shares, showing a downward move of 1.948 million shares.

 

While, out of the total 115 active scrips 35 moved up, 24 shed values and 56 remined equal.

 

Pakistan Petroleum Limited, Hira Textile Mills Limited and Pakgen Power Limited were Major Gainer of the day by recording increase in their per share value by Rs. 2.09, Re. 1.00 and Re. 1.00 respectively.

 

Allied Bank Limited, Burshane LPG (Pakistan) and Servis Industries Limited lost their per share value by Rs. 1.37, Rs. 1.30 and Re. 1.00 respectively.

 

The Volume Leader of the day included The Bank of Punjab Limited with 597,000 shares, Fauji Cement Company Limited with 458,000 shares and Silk Bank Limited (Saudi) with 147,500 shares.

 

Copyright APP (Associated Press of Pakistan), 2012

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