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Markets

ISE-10 gains 16.49

Published December 1, 2011 Updated December 1, 2011 04:34pm

islamabad-stock-exchangeISLAMABAD: Islamabad Stock Exchange (ISE-10) here on Thursday witnessed bullish trend as the index was up by 16.49 points to close at 2644.84 as compared to the trading of previous day.

Stock Analyst, Fist National Equity Pvt Ltd, M.M Hassan told APP that the local equity markets remained range-bound became of the less interest taken by investors while buying.

He said that the investors have taken positions on the selected counters especially fertilizer and banking sectors.

The low volume has indicated less participation in the local bourse.

Total volume of shares traded was 2,790, which was down by 77,318 as compared to the closing of a day earlier.

Out of 104 companies' shares traded, the price of 51 was increased while the price of 53 decreased.

The price of top gainer National Foods was increased by Rs.3.09 while the price of top loser Unilever Pakistan decreased by Rs.53.60.

Fauji Fertilizer Bin Qasim (FFBL), Habib Bank Limited (HBL) and Fauji Fertilizer Corporation remained volume leaders, with volume of 2,000, 390 and 300 shares respectively.

Copyright APP (Associated Press of Pakistan), 2011

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