Bullish sentiments dominated on the Lahore Stock Exchange and the equities registered gains across the board under the lead of blue chips of potential sectors. The LSE-20 index was improved by 65.09 points and was closed at 3445.17 against 3380.08 of Monday while transaction volume was squeezed to 5.731 million shares as compared to 9.674 million shares traded a day earlier.
The market was opened on a healthy sign and stayed in green zone following buying support in potential sector's companies. As a result, MCB Bank, Bank of Punjab, National Bank, Silk Bank, Engro Corporation, Fauji Fertiliser, D G Khan Cement, Lucky Cement, Lafarge Pakistan Cement, Fauji Cement, Maple Leaf Cement, Attock Refinery, Adamjee Insurance, Engro Polymer and Chemical, Arif Habib Corporation and Pervez Ahmed Securities registered visible gains. However, selling pressure was also seen in Fauji Fertiliser, Summit Bank, Nimir Industrial Chemical, D S Industries and PTCL which were ended with marginal declines.
The gainers were more than the losers, as out of a total of 93 active issues, 31 companies posted gains, nine registered declines, while 53 companies stayed glued to their previous levels. Among gainers, MCB Bank was improved by Rs 7.19, Engro Corporation was appreciated by Rs 5.06, Lucky Cement gained Rs 4.17, while Fauji Fertiliser and D G Khan Cement were up by Rs 2.45 and Rs 1.52 respectively.
In the minus column, Allied Bank lost 70-paisa, Fauji Fertiliser was declined by 36-paisa, while Summit Bank and Nimir Industrial Chemical were down by 20-paisa and 10-paisa respectively. Bank of Punjab was the market leader whose 987,659 shares changed hands followed by Lafarge Pakistan Cement with 808,367 shares.