Lahore Stock Exchange: Index loses 17 points

Lahore Stock Exchange remained bearish on Monday as LSE 25-share index lost 17 points to close at 3,766.

LAHORE: The Lahore Stock Exchange (LSE) remained bearish on Monday as the LSE 25-share index lost 17.41 points to close at 3,766.54 against its opening at 3,783.95.

Of 125 active scrips, 29 went up, 36 moved down and 60 closed unchanged. The volume of the market stood at 13.09 million shares, which was 4.59 million shares more than Friday’s turnover.

Silkbank remained the volume leader with 7.05 million shares and added Rs0.14 to close at Rs2.94 per share against its opening at Rs2.80. Lotte Pakistan PTA followed with 1.13 million shares and lost Rs0.07 to close at Rs14.66 against its opening at Rs14.73.

Millat Tractors was the major gainer and added Rs6.5 to close at Rs528.5, while Pakistan State Oil was the major loser and declined Rs3 to close at Rs294.5.

Published in The Express Tribune, January 11^th, 2011.