Tag: Lse

LSE gains volume

LAHORE - The Lahore Stock Exchange (LSE), on Monday, remained range-bound as the index gained 4.42 points to close at 3,796.34 points. However, the total turnover stayed 6.232 million shares against yesterday's trading of 3.806 million shares. Out of 120 scrips traded on the day, 34 improved, 22 went down, while 64 remained unchanged.
Nimir Industries Chemical, Lotte Pakistan PTA and Dewan Salman Fibre ended as volume leaders. Pakistan State Oil (PSO) was the major gainer, while

LSE accumulates 10.54pts

LAHORE - The Lahore Stock Exchange (LSE) remained range-bound, registering an increase of 10.54 points to close at 3,791.92 points. Slow trading activity was seen, while the market volume remained at 3.8 million shares. Stimulated activity was observed in banking and fertiliser sectors.
Out of a total 104 companies, 37 gained, 18 dwindled, 49 stayed unchanged. Lotte Pakistan PTA, Bank of Punjab, Fauji Fertilisers Bin Qasim, Bank Alfalah, Fatima Fertilisers, Arif Habib

LSE elects five member directors

LAHORE - The Lahore Stock Exchange (LSE) elected five member directors for the year 2011 here on Friday. All five members elected as directors belong to Panel A. They include Mirza Ejaz Baig and Jahanzeb Mirza, who bagged 71 and 70 votes respectively. In addition, Ammar ul Haq, Mazhar Rafiq and Naeem Anwar have also been elected to the Board of Directors, obtaining 69, 65 and 55 votes respectively.
Polling started in the LSE Auditorium at 11am and continued till 5pm, except for a

LSE issues rebuttal to news reports

LAHORE - In response to certain reports appearing in the media pertaining to the initiation of investigation against the Company Secretary of Lahore Stock Exchange (LSE) by the Federal Investigation Agency (FIA), it is hereby stated that LSE has no knowledge of any such action and has not been contacted, approached and visited by FIA with regards to this matter.
It is further clarified that the LSE has lodged a criminal complaint with FIA against two of its former employees in

FIA looking into alleged fraud at LSE

LAHORE - Federal Investigation Agency (FIA) has begun an informal probe into financial embezzlement of over Rs 24 million that recently occurred at the Lahore Stock Exchange (LSE). Sources revealed that a FIA team visited the bourse to collect evidence.
Sources claimed that the FIA has also included LSE Company Secretary Waseem Baig in the investigation process. However, LSE Managing Director Aftab Ahmed Chaudhry denied the event transpired by stating that he was unaware of any

Lackluster day at LSE

LAHORE - The Lahore Stock Exchange (LSE) remained bearish with a low traded volume. The LSE 25-index lost 74.67 points to close at 3,774.83 against its opening at 3,849.50 levels. Out of a total of 113 active scrips, 22 went up, 48 went down and 43 closed without any change in their opening values.
The volume of the market stood at 3.89 million shares, which were 1.31 million shares more than Friday's turnover of 2.58 million shares. Fauji Fertilisers Bin Qasim was the volume

LSE fails to maintain momentum

LAHORE - The Lahore Stock Exchange (LSE) remained bearish with a decline in the volume. The LSE 25-index lost 17.03 points to close at 3,829.41 against its opening at 3846.44 levels. Out of total 115 active scrips, 19 went up, 39 went down and 57 closed without any change in their opening values.
Volume of the market remained 5.44 million shares, which was 2.41 million shares less than Wednesday's turnover of 7.86 million shares. Lotte Pakistan PTA was the volume leader with 2.67

LSE stages recovery

LAHORE - The Lahore Stock Exchange (LSE) remained bullish with significant improvement in the volume. The LSE 25-shares added 23.65 points to close at 3,843.47 against its opening at 3,819.82 levels. Out of 112 active scrips, 29 went up, 30 went down and 53 closed without any change in their opening values.
The volume of the market remained 6.31 million shares, which was 1.65 million shares more than Monday's turnover of 4.65 million shares. Lotte Pakistan PTA was the volume

LSE contracts noticeably

LAHORE - The Lahore Stock Exchange (LSE) remained bearish on Monday and the volume declined significantly. The LSE 25-shares dwindled 19.77 points to close at 3,819.82 points against its opening at 3,839.59 points. Out of 118 active scrips, 14 went up, 51 went down and 53 closed without any change in their opening values.
The market's volume underwent a decline of 2.98 million shares to close at 4.65 million shares. Lotte Pakistan PTA, with a turnover of 1.7 million shares, was

LSE index remains listless

LAHORE - The Lahore Stock Exchange (LSE) remained range-bound on Friday and closed in green zone with a little decline in the volume. The LSE index added 3.99 points to close at 3,839.59 against its opening at 3,835.60 levels. Out of 114 active scrips, 42 went up, 20 went down and 52 closed without any change in their opening values. The volume of the market remained 7.64 million shares, which was 0.5 million shares less than Thursday's turnover of 8.14 million shares. Fauji

LSE sheds 100.52 points

LAHORE - The Lahore Stock Exchange (LSE) remained bearish on Thursday, while the volume underwent slender improvement. The LSE 25-shares dwindled 100.52 points to close at 3,835.60 against its opening at 3,936.12 levels. Out of 122 active scrips, nine went up, 54 went down and 59 remained stagnant. Volume of the market remained 8.14 million shares, which was 0.67 million shares more than Wednesday's turnover of 7.47 million shares. Lotte Pakistan PTA, with a turnover of 3.17 million

LSE contracts slightly

LAHORE - The Lahore Stock Exchange (LSE) remained bearish with a decline in overall volume. The LSE index lost 17.35 points to close at 3,936.12 against its opening at 3,953.47 levels. Out of 127 active scrips, 15 went up, 46 went down and 66 closed without any change in their opening values. The volume of the market remained 7.47 million shares, which was 2.09 million shares less than Tuesday's turnover of 9.56 million shares.
Pakistan Refinery Limited (PRL) was the major

LSE on shaky ground, gains nominally

LAHORE - Lahore Stock Exchange remained on shaky ground on the last working day of the week. The LSE 25-index gained 5.92 points at the end of trading session on Friday. However, major change was witnessed in total turnover as the share volume increased from 7.56 million shares to 11.10 million shares, registering an increase of 3.58 million shares.
Investors showed their confidence in banking, oil and gas and fertiliser sectors. Total 125 symbols remained active out of which 53

LSE makes marginal gains

LAHORE - The Lahore Stock Exchange (LSE) closed in green with a decline in the volume on Tuesday. The LSE 25-shares added 15.17 points to close at 3,780.15 against its opening at 3,766.54 levels. Out of 128 active scrips, 27 went up, 37 went down and 64 closed without any change in their opening values. The volume of the market remained 6.05 million shares, which was 7.04 million shares less than Monday's turnover of 13.09 million shares.
Silk Bank remained the volume leader

High volumes traded on LSE

LAHORE - The Lahore Stock Exchange (LSE) remained bearish with high volumes traded. The LSE index lost 17.41 points to close at 3,766.54 against its opening at 3,783.95 levels. Out of 125 active scrips, 29 went up, 36 went down and 60 closed without any change in their opening values. The volume of the market remained 13.09 million shares, which was 4.59 million shares more than Friday's turnover of 8.49 million shares.
Silk Bank remained the volume leader with 7.05 million

LSE wobbles, but ends on a high

STAFF REPORT - The Lahore Stock Exchange remained jittery, but managed to push up the LSE-25 index by 19.96 points, which closed at 3,783.95 on Friday. An increase of 1.8 million shares was witnessed in market volume as it closed at 8.4 million shares compared to 6.6 million on Thursday.
Most activity was observed in banking, cement, chemical and oil & gas sectors. A total of 129 companies participated in the business of which 44 gained, 21 were declined while share value of

LSE inches up 17 points

LAHORE - The Lahore Stock Exchange (LSE) exhibited a slender gain despite stagnant volume. The LSE 25-index added 17 points to close at 3,763.99 against its opening at 3,746.99 levels. Out of 122 active scrips, 48 went up, 18 went down and 56 closed without any change in their opening values. The volume of the market remained 6.69 million shares, which was 0.55 million shares more than Wednesday's turnover of 6.14 million shares.
Silk Bank remained the volume leader with 1.24