Monday, December 7, 2009

Lahore Stock Exchange (LSE) Sheds Little Value

LAHORE: Lahore Stock Exchange (LSE) witnessed bearish trend here Monday as its benchmark LSE 25-Index lost 7.11 points to close at 2,736.70 points as compared to 2,743.81 points Friday.

Market volumes also witnessed decreasing trend as a turnover of 5.956 million shares were traded as compared to 13.083 million shares traded the other day, depicting a huge decline by 7.127 million shares.

A total of 91 active scrips exchanged hands during the course of the day, out of
which prices of only 16 issues moved up the board, 41 remained in the negative column while rates of other 34 equities remained unchanged.

The Bank of Punjab Limited proved to be the volume leader of the day with 0.877 million shares traded in the scrips, followed by SilkBank Limited with 0.797 million shares and Javed Omer Vohra Limited with 0.701 million shares.

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