ISLAMABAD: Islamabad Stock Exchange (ISE-10) here on Tuesday witnessed bearish trend as the index was down by 1.50 points to close at 2831.77 when compared with previous day's closing at 2833.27.
Stock Analyst, Yasir told APP that the profit taking was seemed in the local markets after consecutive bullish trend.
He said that the investors had preferred to off-load their positions at the strength of the index but besides, some jobbers had taken positions when index went down.
Moreover, the posting loss per share by of Fauji Fertilizer Bin Qasim (FFBL) also led the negative sentiments in the local markets but these sentiments could not sustain till the end of the markets.
Total volume of shares traded was 547,200, which was up by 303,623 as compared to a day earlier's closing.
Out of 125 companies's shares traded, the price of 60 was increased while the price of 65 decreased.
The price of top gainer National Foods was increased by Rs.5.43 while the price of top loser Unilever Pakistan decreased by Rs.134.08.
Fauji Cement Company, D.G Khan Cement and Lafrage Pakistan Cement remained volume leaders on Tuesday, with volume of 254,300, 116,400 and 107,500 shares respectively.
Meanwhile, the rupee closed at Rs.90.70 against the US dollar when it is compared with previous day's closing at Rs.90.60 against the greenback in the interbank.
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