The Lahore share market during past week ended on January 12, 2008 treaded the downhill course bearing over 2 percent loss, amid multiple negative factors, particularly the State Bank of Pakistan's report about the economic situation and more importantly the alarming law and order situation.
Expressing fears over the economic growth, the market opened the week on a gloomy note, but recovered the very next day on technical grounds. In the subsequent session, it again fell victim to pressure, which aggravated in the next sessions in view of a suicide bomb blast that killed more than two dozen people in Lahore.
The LSE-25 Index shed 102.2 points or 2.24 percent reaching 4,443.51 from 4,545.71 points. The volume squeezed to 25.615 million shares from 31.102 million, falling by 5.487 million shares or 18 percent.