LSE wavers on political unrest

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LAHORE: The performance of the Lahore Stock Exchange LSE 25-share index was underwhelming. A major deterrent to trading was the volatile political climate. The market managed to close in the positive zone and gained 15.70 points on Friday.
The trading volume of 5.20 million shares was recorded, which was 0.37 million from the previous day. In total 123 scrips were traded out of which 27 closed in green zone, 29 remained losers and 67 remained static.
Mari Gas Company gained Rs 5.90 per share, JDW Sugar Mills Rs 5.69, MCB Bank Rs 3.56, EFU General Insurance Rs 3.52, Service Industries Rs 1.91 and Kot Addu Power Company Rs 1.54 and emerged as major gainers.
While Engro Corporation lost Rs 2.02 per share, Pakistan International Airlines Rs 0.91, Arif Habib Securities Rs 0.72, Fauji Fertilizer Bin Qasim Rs 0.62 and United Bank Rs 0.60 in the stock market.
Lotte Pakistan PTA with 2,066,691 shares, Pace Pakistan with 407,026 shares, Arif Habib Securities 252,150 shares, Nishat Mills 232,835 shares. Worldcall Telecom with 223,701 shares remained volume leader.