LSE index up 153.65 points

14 Aug, 2012

Equities registered gains across the board at the Lahore Stock Exchange (LSE) amid ascending transaction volume on Monday. The LSE-25 index moved up to 3767.77 points against 3614.12 points of last Friday, showing an increment of 153.65 points, while transaction volume significantly increased to 04.865 million shares as compared to previous volume of 0.961 million shares.
According to the brokers, the investors took fresh positions that led the market in positive column. The levels of a few scrips are still attractive and investment in such shares can bring profit for the investors. Pak Oil Fields Limited, Lucky Cement Limited, Nishat Mills Limited, Engro Corporation Limited, FFC, D G Khan Cement Company, Hub Power Company, PSO, KESC and Pakistan Reinsurance Company registered gains and closed in positive column while MCB Bank Limited, Faysal Bank Limited, Bank Alfalah Limited, Askari Bank Limited, NBP, Soneri Bank, Silk Bank, Wateen Telecom, NIB Bank and Dewan Salman Fibre Limited suffered losses and closed in minus column.
The gainers were ahead with the losers, as out of a total of 73 companies, 30 showed strength and closed in green zone, 11 suffered losses, while 32 companies stayed unchanged at their previous levels. Among the gainers, Pak Oil Fields gained Rs 14.09, Lucky Cement was improved by Rs 3.18, Nishat Mills was appreciated by Rs 2.67, while Engro Corporation Limited, FFC, D G Khan Cement Company, Hub Power Company, PSO, KESC and Pakistan Reinsurance Company were up by Rs 2.4, Rs 2.2, Rs 2.15, Rs 2.02, Rs 1.5, Re 1 and Re 1, respectively.
Among the losers, MCB Bank Limited shed Rs 4.51, Faysal Bank Limited was declined by paisa-45, Bank Alfalah Limited was down by 41-paisa, while Askari Bank Limited, NBP, Soneri Bank, Silk Bank, Wateen Telecom, NIB Bank and Dewan Salman Fibre Limited depreciated by 32-paisa, 23-paisa, 21-paisa, 5-paisa, 4-paisa, 3-paisa and 2-paisa, respectively.

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