ISLAMABAD: Islamabad Stock Exchange (ISE-10) here on Friday witnessed bullish trend as the index gained 38.13 points to close at 2418.39 as compared to previous day's trading.
Stock Analyst, Ismail Iqbal Pvt Ltd told APP that the prevailing stability in economic indicators caused positive sentiments in local markets.
He said that the investors took position in selected scrips at oversold position of index.
The investors are expecting the market to perform better in the future because of the announcement of corporate results.
Total volume of shares of traded was 11,892, which was down by 16,308 as compared to a day earlier's closing.
Out of 96 companies' shares traded, the price of 79 was increased while the price of 17 decreased.
The price of top gainer Millat Tractor was increased by Rs. 12.25 while the price of top loser Tri-Pack Films decreased by Rs.3.87.
Hub Power Company, Attock Refinery and Engro Chemical remained volume leaders on Friday, with volume of 4,000, 3,042 and 2,500 shares respectively.
Meanwhile, Currency Analyst said that Rupee had registered a nominal decline against greenback here on Friday because of the increasing demand of the dollar in the local market.
He said that the rupee closed at Rs. 90.29 against the dollar as compared to the previous day's closing at Rs.90.25.
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