Bearish trend prevailed in Lahore Stock Exchange on Wednesday as it shed 11.03 points, following the LSE-25 index opened with 3388.76 and closed at 3377.73 points. The market’s overall situation also did not correspond to an upward trend as it remained at 2.503 million shares to close against previous turnover of 2.689 million shares, showing a downward slide of 185,901 shares. While, out of the total 95 active scrips only 14 moved up, 59 remained equal and 22 shed values. Fauji Fertilizer Bin Qasim, Sitara Chemical Industries and Nishat Mills Limited were Major Gainer of the day by recording increase in their per share value by Re 0.75, Re 0.49 and Re 0.38, respectively. Engro Corposration Limited, Adamjee Insurance Company and Muslim Commercial Bank Limited lost their per share value by Rs 5.37, Rs 2.92 and Rs 2.04, respectively. The Volume Leader of the day included The Bank of Punjab Limited with 522,917 share, Lafarge Pakistan Cement with 501,600 shares and Soneri Bank Limited with 300,000 shares.
