LSE downs by 53.39 points

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The Lahore Stock Exchange on Wednesday witnessed bearsh trend by losing 53.39 points as the LSE Index-25 opened with 5392.76 points and closed at 5339.37 points.

The market’s overall situation, however, corresponded to an upward trend as it remained at 3.270 million shares to close against previous turnover of 955,200 shares showing an upward move of 2.315 million shares. While, out of the total 100 active scrips 15 moved up, 25 shed values and 60 remained equal.

The major gainers of the day were Pakistan State Oil Company Limited, Attock Refinery Limited and Hascol Petroleum Limited by recording increase in their per share value by Rs 10.00, Rs 5.18 and Rs 4.06 respectively.

Mari Petroleum Company Limited, KSB Pumps Company Limited and Pakistan Petroleum Limited lost their per share value by Rs 31.06, Rs 6.73 and Rs 4.79 respectively.

Top three volume leaders of the day included K-Electric Limited with 1.982 million shares, Fauji Cement Company Limited with 370,000 shares and The Bank of Punjab Limited with 258,500 shares.