ISLAMABAD: Islamabad Stock Exchange (ISE-10) here on Thursday witnessed bearish trend, as the index suffered a fractional fall of 11.83 points to close 2700.95 as compared to the trading of previous day.
Stock Analyst, Association for Investor's Awareness, Fahim Akhtar told APP that in the market, the volume was very low as compared to the previous sessions because of the very low participation of the investors.
Another stock analyst, Jeewan said that due to the rise in price of oil in the international markets, the majority of investors seemed bullish in the Pakistan State Oil (PSO) and Pakistan Oil- fields (POL).
He said that the psychological barrier of 12000 index could not sustain because of selling by the investors.
Total volume of shares traded was 38,680, which was down by 8,815 as compared to the closing of the previous day.
Out of 106 companies' shares traded, the price of 33 was increased while the price of 73 decreased.
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