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Markets

ISE-10 gains 7 points

Published Updated

 ISLAMABAD: The Islamabad Stock Exchange (ISE-10) on Wednesday witnessed a bullish trend as the index gained 7.66 points to close at 2635.85 as compared to the previous day's trading.

Stock Analyst of First National Equity Pvt Ltd M.M Hassan told APP that the positive announcement of corporate results by Attock Group of Companies caused the bullish sentiments in the markets.

He said that Attock Petroleum Limited (APL) announced its 1st Half year 2012 earning per share (EPS) of Rs 32.1 against EPS of Rs 25.2 in the corresponding period last year, showing an increase of 27 per cent and the corporate results were accompanied by interim cash payout of Rs 17.5 per share.

"Attock Refinery Limited (ATRL) has announced an earning per share (EPS) of Rs27.2 in 1st Half of 2012 as compared to Rs17.6 per share in the same period of last year and announcement of an interim cash dividend of Rs1.5 also accompanied the result", he added.

Total volume of shares traded was 35,899, up by 22,297 as compared to previous day's closing.

Out of 111 companies' shares traded, the price of 66 was increased while the price of 45 decreased.

The price of top gainer Mitchell's Fruit Farms was increased by Rs.4.30 while the price of top loser Indus Motors decreased by Rs.4.50.

Fauji Fertilizer Bin Qasim (FFBL), Nishat Mills Limited (NML) and Engro Corporation remained volume leaders on Wednesday, with volume of 20,000, 15,000 and 520 shares respectively.

Copyright APP (Associated Press of Pakistan), 2012

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