ISLAMABAD: Islamabad Stock Exchange (ISE-10) witnessed bullish trend here on Wednesday as the index gained 7.55 points to close at 2580.26 as compared to the previous day's trading.
Stock Analyst Ismail Iqbal Pvt Ltd, M Sadiq told APP that steps taken by government to revive the economy caused the positive sentiments in the local markets.
"The investors are expecting that economy of the country would perform better after restructuring of public entities", he added.
He said that the major participation of investors was seen because of this development.
In Wednesday's trading, 69,500 shares were traded showing that out of 96 companies' shares price of 43 increased while it decreased in case of 53 companies decreased.
The price of top gainer Unilever Pakistan had increased by Rs.80.23 while the price of top loser Biafo Industries decreased by Rs.3.21.
Shifa International Hospitals, D.G Khan Cement and Fauji Fertilizer Bin Qasim (FFBL) remained volume leaders, with volume of 67,000, 1,000 and 1,000 shares respectively.
Meanwhile, currency expert, Faheem Akhtar told APP that the Pak Rupee remained stable in the market and it will get strength in coming days because of the current steps taken by the State Bank Of Pakistan (SBP).
He said that price of Pak Rupee closed at Rs 89.80 against the dollar as compared the previous day's closing at Rs 89.80.
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