ISE-10 gains 24 points

ISLAMABAD: Islamabad Stock Exchange (ISE-10) here on Wednesday witnessed bullish trend as the index was up by 23.61 points to close at 3543.88 as compared to previous day's trading.

The cement sector has caused the positive sentiments in the local stock market, said Zaheer Ahmed Stock Analyst of Aba Ali Habib Pvt Ltd while talking to APP.

"The rally was seen in the cement sector after the agreement signed for constructing the tallest building in the Karachi", he added.

Besides, the punters have taken positions in the oil and banking sector due to their positive earning announced recently by the companies of respective sectors, he said.

Total volume of shares traded was 66,500, which was down by 78,500 when compared it with a day earlier's closing.

Out of 146 companies' shares traded, the price of 80 was increased while the price of 66 decreased.

The price of top gainer Packages Limited was increased by Rs.9.26 while the price top loser Unilever Pakistan decreased by Rs.23.90.

Wateen Telecom Ltd, Fauji Cement Company and NIB Bank remained volume leaders, with 25,000, 15,000 and 10,000 shares respectively.