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Markets

ISE-10 sheds 15 points

Published Updated

 ISLAMABAD: Islamabad Stock Exchange (ISE-10) here on Wednesday witnessed bearish trend as the index was down by 15.59 points to close at 2704.99 as compared to previous day's trading.

Stock Analyst, First National Equity Pvt Ltd, M.M Hassan told APP that the profit taking was seemed in the local market after consecutive bullish trend.

He said that the season of corporate financial results had resumed the trading activities.

"Hub Power Company has announced its Rs.2.59 earning per share (EPS) along with dividend of Rs.3 per share for 1st intern of financial year 2012", he added.

Total volume of shares traded was 189,727, which was down by 305,098 as compared to a day earlier's closing.

Out of 126 companies' shares traded, the price of 68 was increased while the price of 58 decreased.

The price of top gainer Packages Limited was increased by Rs.4.00 while the price of top loser Pakistan State Oil (PSO) decreased by Rs.3.48.

Bank of Punjab (BOP), D.G Khan Cement (DGKC) and National Bank of Pakistan (NBP) remained volume leaders on Wednesday, with volume of 100,627, 30,000 and 15,000 shares respectively.

Copyright APP (Associated Press of Pakistan), 2012

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