Bearish trend prevailed in the Lahore Stock Exchange on Monday as it shed 33.80 points, following the LSE-25 index opened with 3478.42 and closed at 3444.62 points. The market’s overall situation also did not correspond to an upward trend as it remained at 719,209 shares to close against previous turnover of 1.137 million shares, showing a downward slide of 418,066 shares. While out of the total 81 active scrips only 8 moved up, 50 remained equal and 23 shed values. Karachi Electric Supply Company, Byco Petroleum Pakistan and Pervez Ahmed Securities were major gainers of the day by recording increase in their per share value by Re 0.38, Re 0.22 nd Re 0.09 respectively.
