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Markets

ISE-10 stays bullish

Published February 7, 2012 Updated February 7, 2012 05:02pm

iseISLAMABAD: Islamabad Stock Exchange (ISE-10) here on Tuesday witnessed bullish trend as the index was up by 59.61 as compared to previous day's trading.

Stock Analyst, Ismial Iqbal Pvt Ltd, Sadiq told APP that the corporate results seasons caused the positive sentiments in the local markets.

He said that the announcement of financial results of oil sectors has attracted the investors to take positions and it led bullish rally.

Total volume of shares traded was 494,825, which was up by 290,221 as compared to a day earlier's closing.

Out of 123 companies' shares traded, the price of 81 was increased while the price of 42 decreased.

The price of top gainer Pakistan State Oil (PSO) was increased by Rs.7.70 while the price of top loser Ferozsons Laboratories decreased by Rs.3.20.

Lafarage Pakistan Cement, National Bank of Pakistan (NBP) and Bank of Punjab (BOP) remained volume leaders on Tuesday, with volume of 306,000, 74,471 and 35,889 shares respectively.

Copyright APP (Associated Press of Pakistan), 2012

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