ISLAMABAD: Islamabad Stock Exchange (ISE-10) here on Friday witnessed bullish trend as the index gained 2.88 points to close at 2695.11 as compared to the previous day's trading.
Stock Analyst, Ismail Iqbal Pvt Ltd, Jeewan told APP that the local stocks market was seen as range-bound because the selected positions taken by the investors.
He said that the major positions were taken in the banking sector which helped to register the rise in the turnover.
"Besides, the approval of budget was also the positive aspects for the markets and it will be the beneficial for the long-term and short-term in the future", he added.
Total volume of shares traded was 75,562, which was up by 68,445 as compared to a day earlier's closing.
Out of 113 companies' shares traded, the price of 67 was increased while the price of 46 decreased.
The price of top gainer Siemens Pakistan Engineering was increased by Rs.20.89 while the price of top loser Unilever Pakistan decreased by Rs.128.33.
NIB Bank, Summit Bank and Bank of Punjab remained volume leaders on Friday, with volume of 55,000, 8,100 and 5,751 shares respectively.
Comments
Comments are closed for this article.