ISLAMABAD: The Islamabad Stock Exchange (ISE-10) on Thursday witnessed bearish trend as the index was down by 9.49 points to close at 2908.94 as compared to the previous day's trading.
Stock Analyst of the First National Equity Pvt Ltd M.M Hassan told APP that the investors were seemed bullish in the cement and power sector because the government had taken serious steps to resolve the issues of the sectors.
The investors had taken positions in DK Khan Cement, Maple Leaf Cement and Hubco and the volume of shares also was increased in the market, Hassan said.
Total volume of shares traded was 34,050, which was down by 4,325 as compared to a day earlier's closing.
Out of 122 companies' shares traded, the price of 78 was increased and that of 44 decreased.
The price of top gainer Mitchell Fruit Farma increased by Rs.13.76, while the price of top loser Unilever Pakistan decreased by Rs.185.19.
NIB Bank, Maple Leaf Cement and DG Khan Cement remained volume leaders on Thursday, with volume of 20,000, 10,000 and 2,000 shares respectively.
Meanwhile, the rupee remained stable against US dollar by closing at Rs.94.30 as compared to its the previous day's closing Rs.94.30 against the greenback.appa/ters
Comments
Comments are closed.