Equities on Monday moved both ways on the Lahore Stock Exchange and finally ended in negative zone amid decreased trading turnover due to lacking investors' interest. The LSE-25 index was marginally improved by 3.57 points and was closed at 3672.12 against 3668.55 of last Friday while transaction volume was restricted to 1.016 million shares as compared to previous volume of 1.443 million shares.
The market was opened on a positive sign and stayed in green zone almost during the day's trading. However, ahead of close of trading, sentiments were changed, as the investors offloaded their holdings to secure their positions. As a result, Dawood Hercules Corporation, Fatima Fertiliser, Attock Refinery, Adamjee Insurance, Hub Power, National Bank, KASB Bank, Bank of Punjab, Lucky Cement, Maple Leaf, Lafarge Pakistan Cement, Dewan Cement and Pace Pakistan remained under selling pressure.
On the contrary, Fauji Fertiliser, Engro Corporation, United Bank, Fauji Cement, Engro Polymer and Chemical, WorldCall Telecom and PTCL resisted pressure and were closed in positive zone. The losers were more than the gainers, as out of a total of 84 active issues, eight companies posted gains, 25 registered losses while 51 companies remained unchanged at their previous closing. Among gainers, Fauji Fertiliser was improved by 98-paisa, PTCL gained 82-paisa, Engro Corporation was appreciated by 63-paisa while United Bank was up by 13-paisa.
In the negative column, Dawood Hercules Corporation lost Rs 1.5, Attock Refinery was declined by Rs 1.35, Lucky Cement shed Rs 1, while Adamjee Insurance and Hub Power were down by 83-paisa and 45-paisa respectively. NIB Bank with trading of 245,000 shares topped the volume leaders followed by Fauji Cement with 136,500 shares.