AIRLINK 62.48 Increased By ▲ 2.05 (3.39%)
BOP 5.36 Increased By ▲ 0.01 (0.19%)
CNERGY 4.58 Decreased By ▼ -0.02 (-0.43%)
DFML 15.50 Increased By ▲ 0.66 (4.45%)
DGKC 66.40 Increased By ▲ 1.60 (2.47%)
FCCL 17.59 Increased By ▲ 0.73 (4.33%)
FFBL 27.70 Increased By ▲ 2.95 (11.92%)
FFL 9.27 Increased By ▲ 0.21 (2.32%)
GGL 10.06 Increased By ▲ 0.10 (1%)
HBL 105.70 Increased By ▲ 1.49 (1.43%)
HUBC 122.30 Increased By ▲ 4.78 (4.07%)
HUMNL 6.60 Increased By ▲ 0.06 (0.92%)
KEL 4.50 Decreased By ▼ -0.05 (-1.1%)
KOSM 4.48 Decreased By ▼ -0.09 (-1.97%)
MLCF 36.20 Increased By ▲ 0.79 (2.23%)
OGDC 122.92 Increased By ▲ 0.53 (0.43%)
PAEL 23.00 Increased By ▲ 1.09 (4.97%)
PIAA 29.34 Increased By ▲ 2.05 (7.51%)
PIBTL 5.80 Decreased By ▼ -0.14 (-2.36%)
PPL 107.50 Increased By ▲ 0.13 (0.12%)
PRL 27.25 Increased By ▲ 0.74 (2.79%)
PTC 18.07 Increased By ▲ 1.97 (12.24%)
SEARL 53.00 Decreased By ▼ -0.63 (-1.17%)
SNGP 63.21 Increased By ▲ 2.01 (3.28%)
SSGC 10.80 Increased By ▲ 0.05 (0.47%)
TELE 9.20 Increased By ▲ 0.71 (8.36%)
TPLP 11.44 Increased By ▲ 0.86 (8.13%)
TRG 70.86 Increased By ▲ 0.95 (1.36%)
UNITY 23.62 Increased By ▲ 0.11 (0.47%)
WTL 1.28 No Change ▼ 0.00 (0%)
BR100 6,944 Increased By 65.8 (0.96%)
BR30 22,827 Increased By 258.6 (1.15%)
KSE100 67,142 Increased By 594.3 (0.89%)
KSE30 22,090 Increased By 175.1 (0.8%)
Markets

ISE-10 witnesses bullish trend

ISLAMABAD : The Islamabad Stock Exchange (ISE-10) here on Thursday witnessed bullish trend, the index gained 6.37 to clo
Published September 15, 2011

 ISLAMABAD: The Islamabad Stock Exchange (ISE-10) here on Thursday witnessed bullish trend, the index gained 6.37 to close 2,452.44 as against previous day's closing.

Senior Equity Dealer Ismail Iqbal Pvt Ltd Zaheer Ahmed told APP that the equity markets remained range-bound with thin volumes because of concerns by the investors for the devastating floods in the country especially in Sindh.

He said that the pressure was witnessed in the equity market at the closing time of the market due to profit taking in the Fertilizer and Oil sectors by the investors.

According to the National Clearing Company of Pakistan (NCCPL), Foreign Investors Portfolio Investment (FIPI) off-loaded the positions in the equity of markets worth US$ 2.59 million, while local institution were net buyers at lower level of the index.

Stock Analyst and Member, Association for Investors' Awareness, Faheem Akhtar said that the market seemed leading towards stability in long term but in the short term selling pressure appeared in selected counters.

He said that there were no such negative sentiments in the markets because at the dip the investors took positions and off-loaded at the strength.

In today's trading, total shares traded were 18,203, which was down by 16,116 as compared to previous day's trading.

Out of 118 companies, the price of 63 was increased while the price of 55 decreased.

Fatima Fertilizer, Pakistan Oilfields (POL) and Engro Corporation were remained volume leaders on Thursday, with the volume of 14,200, 2,000 and 2,000 shares respectively.

 

Copyright APP (Associated Press of Pakistan), 2011

 

Comments

Comments are closed.