ISLAMABAD: Islamabad Stock Exchange (ISE-10) here on witnessed bearish trend as the index was down by 7.26 points to close 3076.49 as compared to the previous day's trading.
Talking to APP, Stock Analyst, M.M Hassan said that the local stock market had witnessed bearish trend because of the profit taking.
Besides, the positions was also taken when the index went down resulting an increase in the turnover in the markets, he added.
The punters were seemed to be keen to have traded in the low-priced shares having low risk as compared to the other scrips especially KESC and Lotte Pakistan PTA, he said.
Total volume of shares traded was 205,500, which was down by 143,400 as compared to a day earlier's closing.
Out of 126 companies' shares traded, the price of 51 was increased while the price of 75 decreased.
The price of top gainer Gatron Industries was increased by Rs.4.03 while the price of top loser Shield Corporation decreased by Rs.7.68.
KESC, PTCL and Lotte Pakistan PTA remained volume leaders on Monday with volume of 80,000, 52,000 and 36,500 shares respectively.
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