ISLAMABAD: Islamabad Stock Exchange (ISE-10) here on Friday witnessed bearish trend as the index was down by 7.46 points to close at 2813.89 as compared to the previous day's trading.
Stock Analyst, M.M Hassan told that the market remained under the pressure because of the profit taking by the jobbers.
He said that the power sector among all stocks had performed well because the government was going to clear the circular debt.
"HUBCO, Kot Addu Power, Nishat Power were remained the most favorable stocks for the investors here on Friday.
Total volume of shares traded was 24,503, which was down as compared to a day's earlier's closing.
PTC, FFC and Lotte Pak PTA remained volume leaders on Friday, with volume of 15,000, 2,300 and 2,000 shares respectively.
Meanwhile, the rupee shed 5 paisa against US dollar by closing at Rs.90.80 as compared to the previous day's closing at Rs.90.75 against greenback in the interbank.
Comments
Comments are closed for this article.