ISLAMABAD: Islamabad Stock Exchange (ISE-10) here on Wednesday witnessed bearish trend as the index was down by 2.68 points to close at 2848.65 as compared to the previous day's trading.
Stock Analyst, Ismail Iqbal Pvt Ltd, Jeewan told APP that the fertilizer sector helped the local stock markets to be range-bound.
He said that the investors were seemed very keen to take the positions in the fertilizer sectors because its positive earnings.
Besides, the oil sector also supported the markets while low-priced shares were seen very favorites stocks for the jobbers for intra-day not only today but since last many days.
Total volume of shares traded was 361,907, which was up by 290,448 as compared to a day earlier's closing.
Out of 132 companies' shares traded, the price of 132 was increased while the price of 30 decreased.
The price of top gainer Unilever Pakistan was increased by Rs.73.71 while the price of top loser Siemens Pakistan Engineering decreased by Rs.9.05.
Fauji Cement Company, Lafrage Pakistan Cement and Bank of Punjab remained volume leaders on Wednesday, with volume of shares 162,500, 115,000 and 39,500 shares respectively.
Meanwhile, the rupee was down by 10 paisa by closing at Rs.90.90 against the US dollar as compared to the previous day's closing at Rs.90.80 against greenback in the inter-bank.
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