Bullish trend prevails in LSE

Thursday, July 05, 2012 - Lahore—Lahore Stock Exchange on Wednesday witnessed bullish trend by gaining 21.04 points as the LSE-25 Index opened with 3581.24 and closed at 3602.28 points.

The market’s overall situation, however, did not correspond to an upward trend as it remained at 1.829 million shares to close against previous turnover of 2.306 million shares, showing a downward move of 477,012 shares. While, out of the total 102 active scrips 20 moved up, 65 remained equal and 17 shed values.

Muslim Commercial Bank Limited, Nishat Mills Limited and Fauji Fertilizer Company were Major Gainer of the day by recording increase in their per share value by Rs 1.96, Rs 1.88 and Rs 1.30 respectively.

Attock Refinery Limited, Engro Corporation Limited and National Bank of Pakistan lost their per share value by Rs 2.78, Rs 1.02 and Re 0.41 respectively.

The Volume Leader of the day included The Bank of Punjab Limited with 451,956 shares, NIB Bank Limited with 280,010 shares and D.G. Khan Cement Company with 156,831 shares.—APP