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Markets

ISE gains 5.94 Points

Published Updated

ise2 400ISLAMABAD: The Islamabad Stock Exchange (ISE-10) on Monday witnessed a bullish trend as the index was up by 5.94 points to close at 3150.37 as compared to the previous day's trading.

Stock Analyst Ibrahim told APP that the buying by the major investors in the local stock market led the positive sentiments.

Besides, the major positions were also taken, when the index went down resulting an increase in the volume of the market, he added.

He said that the rise in the volume of market and the buying at the lower level of index indicated the positive sentiments in the future for capital market.

Total volume of shares traded was 289,000, which was up by 212,300 as compared a day earlier's closing.

Of 127 companies' shares traded, the price of 77 was increased while the price of 50 witnessed a decline.

The price of top gainer Indus Motors was increased by Rs.13.72 while the price of top loser Abbott Laboratories decreased by Rs.9.75.

PTCL, K.E.S.C and BOP remained volume leaders on Monday, with volume of 125,000, 100,000 and 27,500 shares respectively.

Copyright APP (Associated Press of Pakistan), 2012

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