ISLAMABAD: Islamabad Stock Exchange (ISE-10) here on Wednesday witnessed bullish trend as the index was up by 9.83 as compared to previous day's trading.
Talking to APP, Stock Analyst, Ismail Iqbal Pvt Ltd, Zaheer said that the passing of 20th amendment in National Assembly was the positive political development for the local equity market.
He said that development had caused the most investors to take position in the blue chips companies resulting the bullish rally in the local bourse.
The market is expecting Rs.20 earning per share (EPS) from Engro corporation for whole year and its result would be announced on February 16.
Total volume of shares traded was 23,953, which was down by Rs.41,847 as compared to a day earlier's closing.
Out of 129 companies' shares traded, the price of 88 was increased while the price of 41 decreased.
The price top gainer Indus Motors was increased by Rs.235.95 while the price of top loser Unilever Pakistan decreased.
Lotte Pakistan PTA, PTC and Fatima Fertilizer remained volume leaders on Wednesday, with volume of 9,070, 5,000 and 3,500 shares respectively.
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