ISLAMABAD: The Islamabad Stock Exchange (ISE-10) on Monday witnessed a bearish trend as the index lost 20.76 points to close at 2707.64 as compared to previous day's trading.
Stock Analyst of Ismail Iqbal Pvt Ltd, Zaheer Ahmed told APP that the low participation of local investors caused the equity markets to remain range-bound.
He said that majority of investors were out of the country due to Eid holidays and Hajj.
The selected buying was witnessed on some counters including Fauji Fertilizer Corporation (FFC), Fauji Fertilizer Bin Qasim (FFBL), Pakistan Petroleum Limited (PPL) and Pakistan Oil-fields (POL).
Total volume of shares traded was 115,816, which was up by 65,555 as compared to the closing of the previous day.
Out of 126 companies, the price of 49 increased while that of 77 decreased. The price of top gainer Unilever Pakistan increased by Rs.51.58 while the price of top loser National Refinery decreased by Rs.6.80.
Wateen Telecom, Lotte Pakistan PTA and Bank Al-falah (BAFL) remained volume leaders, with volume of 58,266, 23,500 and 15,000 shares respectively.
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