ISLAMABAD: Islamabad Stock Exchange (ISE-10) here on Monday witnessed bearish trend as the index shed 20.31 points to close at 2415.16 as compared to the previous day's trading.
Stock Analyst, Ismail Iqbal Pvt Ltd, Zaheer Ahmed told APP that the market remained range-bound because the investors were seemed sideline.
He said that the Government's steps taken to resolve the energy crisis especially circular debt would bring positive sentiments in the local market.
Even on Monday, major beneficiary of the resolution of circular debt, Pakistan State Oil (PSO) had performed well in the local bourse.
Total volume of shares traded was 100,100, which was up by 96,240 as compared to a day earlier's closing.
Out of 93 companies' shares traded, the price of 37 was increased while the price of 56 decreased.
The price of top gainer Unilever Pakistan was increased by Rs.98.67 while the price of top loser Packages limited decreased by Rs.2.65.
Lotte Pakistan PTA, OGDC and Silk Bank Limited remained volume leader on Monday, with volume of 50,000, 100 and 50,000 shares respectively.
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