Upward rally continues on second day

By: Salman Abduhoo | Published: August 20, 2008

Trading took place in 315 scrips and out of those 166 closed with plus and 142 with minus signs while 7 scrips kept last closings. Not only traded scrips increased today but volumes also saw handsome increase which rose to 211.244 million shares. ZELP took top position in volumes with traded volumes of 21.670 million shares but lost rupee 0.33. From top thirty volumes leaders 20 had plus closings. Market once again closed on positive note.
At Lahore Stock Exchange market opened with an upward gap of 121.09 points at 3587.20 points. It went straightway to around 3603 points high but failed to hold ground and started sliding down. It came down to around 3501 points low but recovered later and closed 106.27 points plus at 3572.38 points. Trading activity expended to 101 scrips and out of those 38 closed in plus and 22 in minus column while 41 scrips closed without any change in price. Volumes improved further and 22.702 million shares were traded. Here NIB bank continued to occupy top position in volumes with today turnover of 4.361 million shares. It closed rupee 0.20 up.

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