ISLAMABAD: The Islamabad Stock Exchange (ISE-10) on Friday witnessed a bearish trend as the index was down by 3.08 points to close at 3045.14 as compared to the previous day's trading.
Stock Analyst Ibrahim told APP that the technical correction was seemed due the profit taking by the major investors in the local stock market.
Besides, the major positions were also taken, when the index went down resulting an increase in the volume of the market, he added.
He said that the rise in the volume of market and the buying at the lower level of index indicated the positive sentiments in the future for capital market.
Total volume of shares traded was 409,500, which was up by 231,500 as compared a day earlier's closing.
Of 135 companies' shares traded, the price of 79 was increased while the price of 56 witnessed a decline.
The price of top gainer Mitchell's Fruit Farma was increased by Rs.14.00 while the price of top loser Unilever Pakistan decreased by Rs.300.05.
Flying Cement, Lafrage Pakistan Cement and PTCL remained volume leaders on Friday, with volume of 124,000, 83,000 and 65,000 shares respectively.
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