Bearish trend prevailed in Lahore Stock Exchange on Tuesday as it shed 62.63 points, following the LSE-25 index opened with 3452.95 and closed at 3390.32 points.
The market’s overall situation, however, corresponded to an upward trend as it remained at 2.689 million shares to close against the previous turnover of 1.632 million shares, showing a upward move of 1.056 million shares. While, out of the total 95 active scrips only 3 moved up, 49 remained equal and 43 shed values.
Maple Leaf Cement Factory, Dewan Salman Fibre Limited and Summit Bank Limited were major gainers of the day by recording increase in their per share value by Re 0.05, Re 0.04 and Re 0.02 respectively.
Lucky Cement Limited, Pakistan Petroleum Limited and Oil and Gas Development Corporation Limited (OGDCL) lost their per share value by Rs 5.42, Rs 3.35 and Rs 2.80 respectively.
The volume leader of the day included Lafarge Pakistan Cement with 716,644 shares, NIB Bank Limited with 639,865 shares and The Bank of Punjab Limited with 390,830 share.
Bears arrive in Lahore as LSE loses 62.63 points
