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Markets

ISE-10 stays bearish

Published January 30, 2012 Updated January 30, 2012 04:05pm

 ISLAMABAD: Islamabad Stock Exchange (ISE-10) here on Monday witnessed bearish trend as the index was down by 14.53 points to close at 2631.64 as compared to the previous day's trading.

Stock Analyst, First National Equity Pvt Ltd, told APP that the market remained range-bound because of lack of interest of majority of investors.

He said that the future sentiments in the local market were seemed very positive because of results season of corporate companies.

Total volume of shares traded was 86,600, which was up by 27,235 as compared to a day earlier closing.

Out of 109 companies' shares traded, the price of 19 was increased while the price of 90 decreased.

The price of top gainer Mitchell Farm was increased by Rs.4.15 while the price of top loser National Refinery decreased by Rs.8.73.

Fauji Fertilizer Corporation (FFC), Engro Corporation and Fauji Fertilizer Bin Qasim (FFBL) remained volume leaders on Monday, with 19,350, 17,950 and 13,800 shares respectively.

Copyright APP (Associated Press of Pakistan), 2012

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