ISLAMABAD: Islamabad Stock Exchange (ISE-10) here on Monday witnessed bearish trend as the index was down by 13.79 points to close at 2649.50
When compared to the previous day's trading Stock Analyst, Ismail Iqbal Pvt Ltd, Jeewan told APP that the market remained range-bound because the majority of investors did not take fresh positions.
He said that the selected buying was seemed in some counters and the volume of shares traded in the local bourse was very low.Oil and Gas Development Authority (OGDC) was most traded share in the local markets because its rate is below than its payout.
Total shares traded was 14,900, which was down by 2,238 as compared to the closing of previous day.
Out of 105, the price of 55 was increased while the price of 50 decreased.
The price top gainer Millat Tractors was increased by Rs.16.83 while the price of top loser Unilever Pakistan decreased by Rs.49.76.
Fatima Fertilizer, Engro Chemical and Fauji Fertilizer Bin Qasim (FFBL) remained volume leaders, with volume of 5,000, 4,300 and 3,500 shares respectively.
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