ISE-10 gains 23 points

ISLAMABAD: Islamabad Stock Exchange (ISE-10) here on Friday witnessed bullish trend as the index was up by 23.13 points to close at 3369.05 as compared to the previous day's trading.

While talking to APP, Stock Analyst, M.M Hassan said that the prevailing positive sentiments in the local stock market led the bullish rally closing it at the green area.

"The reason behind the positive aspects in the bourse is the beginning of result session and the improving the economic conditions in the country", he added.

Moreover, the buying rally was seen in the banking and oil sector due to the expectation of the better returns from those sectors, he said.

Total volume of shares traded was 71,000, which was down by 194,000 when compared it with a day earlier's closing.

Out of 140 companies' shares traded, the price of 94 was increased while the price of 46 decreased.

The price of top gainer Pakistan Oil-fields was increased by Rs.5.38 while the price of top loser Unilever Pakistan decreased by Rs. 38.75.

OGDC, Askari Bank and Sui Southern remained volume leaders, with volume of 30,000, 25,000 and 10,000 shares respectively.