ISLAMABAD: The Islamabad Stock Exchange (ISE-10) on Friday witnessed bearish trend as the index was down by 18.70 points to close at 2837.53 as compared to previous day's trading.
Stock Analyst Sadiq told APP that the profit taking was seemed in the local markets because the jobbers off-loaded the major positions.
"Despite of this, the investors remained bullish in the fertilizer sector including Fauji Fertilizer Corporation (FFC), Fauji Fertilizer Bin Qasim (FFBL), Engro Corporation because of its announced positive results some days back", he added.
He said that besides, the cement sectors also supported the index to remain in the range-bound and in addition, Unilever Pakistan remained favorite scrips for the investors.
Total volume of shares traded was 50,217, which was down by 159,963 as compared to a day earlier's closing.
Out of 135 companies's shares traded, the price of 59 was increased while the price of 76 decreased.
The price of top gainer Unilever Pakistan was increased by Rs.41.83 while the price of top loser Packages Limited decreased by Rs.4.38.
Dewan Salman Fibres, P.T.C.L and Lafarage Pakistan Cement remained volume leaders on Friday, with volume of 12,401, 11,600 and 6,000 shares respectively.
Meanwhile, the rupee here on Friday remained stable against US dollar by closing at Rs.90.70 as compared to previous day's closing at Rs.90.70 against the greenback in interbank.
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