LSE up by 0.58 points

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The Lahore Stock Exchange (LSE) witnessed a slight bullish trend gaining 0.58 points as the LSE-25 Index opened with 5031.12 and closed with 5031.70 points on Monday. The market’s overall situation also showed an upward trend as it closed at 6.351 million shares against the previous turnover of 3.243 million shares, marking a rise of 3.160 million shares. Out of the 98 total active scrips, 30 moved up, 44 remained the same while 24 fell. Pakistan State Oil Company Limited, Highnoon Laboratories Limited and Engro Corporation Limited were the major gainers of the day and recorded increases of Rs 16, 6.08 and 4.91 in their respective per share values. National Foods Limited, Adamjee Insurance Company Limited and Engro Foods Limited’s per share values fell by Rs 7.21, 2.90 and 2.44, respectively. The volume leaders of the day included the Bank of Punjab Limited, Fauji Cement Company Limited and Lafarge Pakistan Cement with 1.962 million shares, 1.051 million shares and 879,000 shares, respectively.