ISLAMABAD: Islamabad Stock Exchange (ISE-10) here on Tuesday witnessed bullish trend as the index was up by 56.29 points to close at 3268.49 as compared to the previous day's trading.
Speaking to APP, Stock Analyst of First Equity Pvt Ltd, M.M Hassan said that buying by the investors due to result season led the positive rally in the local stock market.
"There are some scrips at oversold positions and the punters have taken them with expectation of more return in the future", he added.
Hassan said that the banking and cement sector remained the most traded in the local bourse resulting the rise in the turnover of the market.
A total shares traded was 310,000, which was up by 284,500 when compared it to a day earlier's closing.
Out of 124 companies' shares traded, the price of 117 was increased while the price of 25 decreased.
The price top gainer Mitchell Fruit Farma was increased by Rs. 15.50 while the price top loser Premier Sugar decreased by Rs. 3.95.
Maple Leaf Cement, Byco Petroleum and National Bank of Pakistan remained volume leaders, with volume of 200,000, 45,000 and 24,000 shares respectively.
Comments
Comments are closed for this article.