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Markets

ISE-10 stays bullish

Published November 16, 2012 Updated November 16, 2012 11:16pm

pakistani stocksISLAMABAD: Islamabad Stock Exchange (ISE-10) here on Friday witnessed bullish trend as the index was up by 0.82 points to close at 3201.72 as compared to the previous day's trading.

 

The buying in the low-priced shares led the local stock market to bullish trend, the Stock Analyst, Jeewan said while talking to APP.

 

He said that the intra-trading was seen by punters because the two-day off was ahead.

 

Besides, the volume of shares has also witnessed a decline, he said, adding that there was not any negative sentiments for long-term in the bourse.

 

Total volume of shares traded was 132,500, which was down by 187,600 when compared it with a day earlier's closing.

 

Out of 142 companies' shares traded, the price of 81 was increased while the price of 61 decreased.

 

The price of top gainer Sanofi Aventis Pakistan was increased by Rs.9.00 while the price of top loser Mitchell Fruit Farma decreased by Rs.15.50.

 

Bank of Punjab, Byco Petroleum and Karachi Electric Supply remained volume leaders with volume of 57,500, 42,500 and 24,000 shares respectively.

 

Copyright APP (Associated Press of Pakistan), 2012

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