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Markets

ISE-10 gains 35 points

Published Updated

iseISLAMABAD: Islamabad Stock Exchange (ISE-10) on Friday witnessed bullish trend as the index was up by 35.06 points to close 2646.17 as compared to previous day's trading.

Stock Analyst, Ismail Iqbal Pvt Ltd, Zaheer Ahmed told APP that the result session of corporate companies had caused positive sentiments in the local markets.

He said that the among fertilizer sector in the local bourse, Fauji Fertilizer Corporation (FFC) performed better, because the market was expecting bonus of 20 per cent from it and its result to be announced on January 30.

"An increase in the price of cement and its export to Afghanistan has also created more attractive atmosphere for the investors in the markets", he added.

Total volume of shares traded was 59,365, which was up by 16,108 as compared to a day earlier's closing.

Out of 97 companies' shares traded, the price of 39 was increased while the price of 58 decreased.

The price of top gainer Unilever Pakistan was increased by Rs.14.80, while the price of top loser Abbot Laboratories decreased by Rs.2.32.

Lotte Pakistan PTA, Nishat Mills Limited (NML) and Attock Refinery Limited (ATRL) remained volume leaders on Friday, with volume of 26,500, 15,065 and 5,000 shares respectively.

Copyright APP (Associated Press of Pakistan), 2012

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