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Markets

ISE-10 sheds 41 points

Published February 23, 2012 Updated February 23, 2012 04:57pm

 ISLAMABAD: Islamabad Stock Exchange (ISE-10) here on Thursday witnessed a bearish trend as the index went down by 41.71 points to close at 2751.87 when compared with the previous day's trading.

Stock Analyst, Sadiq told APP that the technical correction was seemed in the local market after consecutive bullish trend.

He said that the majority of investors had booked profits especially in the oil and fertilizer sectors.

Total volume of shares traded was 99,000, which was down by 81,985 as compared to the previous day's closing.

Out of 125 companies' shares traded, the price of 45 was increased while the price of 80 decreased.

The price of top gainer Siemens Engineering was increased by Rs.16.14 while the price of top loser decreased by Rs.46.20.

Bank of Punjab (BOP), National Bank of Pakistan (NBP) and Fauji Fertilizer remained volume leaders on Thursday, with volume of 85,000, 8,900 and 1,700 shares respectively.

Copyright APP (Associated Press of Pakistan), 2012

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