ISLAMABAD: Islamabad Stock Exchange (ISE-10) here on Wednesday witnessed bullish trend as the index was up by 41.96 points to close at 3475.73 as compared to the previous day's trading.
Stock Analyst, Ibrahim told APP that the buying in the cement sector led the market upward in the local stock market.
"The investors had taken positions in the cement because its earning is being expected to be enhanced in the current year", he said.
He told that the downward trend of the inflation had also play a vital role for leading positive sentiments in the capital market and it would be sustainable in the future.
Total volume of shares traded was 97,200, which was down by 627,800 when compared it with a day earlier closing.
Of 137 companies' shares traded, the price of 87 was increased while the price of 50 decreased.
The price of top gainer National Food was increased by Rs.16.84 while the price of top loser Siemens Pakistan Engineering decreased by Rs.3.00.
Fauji Cement, Lafrage Pakistan Cement and Nishat Mills remained volume leaders on Wednesday, with volume of 70,000, 24,000 and 2,000 shares respectively.
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