LAHORE: The Lahore Stock Exchange on Monday witnessed bearish trends and lost 18.44 points.
The LSE Index-25 opened with 5466.19 points and closed at 5447.75 points. The market’s overall situation, however, corresponded to an upward trend as it remained at 552,100 shares to close against previous turnover of 465,700 shares, showing an upward move of 86,400 shares while out of the total 89 active scripts 14 moved up, 21 shed values and 54 remained equal. The major gainers of the day were Cyan Limited (Central), Habib Bank Limited and PICIC Growth Fund by recording increase in their per share value by Rs 6.59, Rs 2.10 and Re 0.64 respectively.
Pakistan Oil Fields Limited, United Bank Limited and Pakistan Petroleum Limited lost their per share value by Rs 6.10, Rs 3.16 and Rs 2.50 respectively. Top three volume leaders of the day included NIB Bank Limited with 113,000 shares, Worldcall Telecom Limited with 53,000 shares and Gul Ahmed Textile Mills with 48,000 shares.
SBP warns of major risks to Pakistan’s economy despite 4.5pc growth forecast
KARACHI: The State Bank of Pakistan (SBP) has projected that the country’s economic growth will remain between 3.5% and 4.5%...
