Equities on Tuesday moved both ways on the Lahore Stock Exchange and finally settled in positive zone amid improved trading turnover. However, the LSE-25 index shed 19.41 points to close at 4010.96 against 4030.37 of Monday while transaction volume was increased to 3.168 million shares compared with day earlier volume of 1.693 million shares.
The market was opened on a depressed note and kept on moving up and down throughout the day. Adamjee Insurance, PPL, OGDC, Akzo Nobel Pakistan, Fauji Cement, Lafarge Pakistan Cement, Dewan Cement, Flying Cement, National Bank and Tariq Glass Industries helped index further decline. On the contrary, Engro Corporation, Engro Foods, Nishat Mills, Attock Refinery, Askari Bank, Pak Elektron, D.G. Khan Cement, Maple Leaf Cement, PTCL and PIAC remained under selling pressure.
The gainers were marginally ahead of the losers, as out of a total of 94 active issues, 20 companies posted gains, 17 went down, while 57 companies stayed glued to their overnight closing. Among gainers, Adamjee Insurance was improved by Rs 3.95, PPL gained Rs 3.50, OGDC was appreciated by Rs 2.79 while OGDC and Fauji Cement were up by Rs 1.54 and Rs 0.89, respectively.
In the minus column, Engro Corporation lost Rs 1.81, Engro Foods was declined by Rs 1.35, Nishat Mills shed Rs 1.30 while Attock Refinery was down by Rs 1.21, respectively. Fauji Cement was the market leader whose 1.818 million shares changed hands followed by National Bank with 484,000 shares.
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