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Markets

ISE-10 sheds 10 points

Published March 6, 2012 Updated March 6, 2012 04:08pm

ise_400ISLAMABAD: Islamabad Stock Exchange (ISE-10) here on Tuesday witnessed bearish trend as the index was down by 10.33 points to close at 2897.64 as compared to the previous day's trading.

Talking to APP, Stock Analyst,M.M Hassan said that the local market seemed the range-bound because the investors took positions in selected scrips.

He said that the result of National Bank of Pakistan (NBP) led the positive rally in the local market but it could not be sustained till the closing of the market.

Total volume of shares traded was 69,730, which was down by 30,171 as compared to a day earlier closing.

Out of 127 companies' shares traded, the price of 66 was increased while the price of 61 decreased.

The price of top gainer Tri-Pack Films was increased by Rs.3.66 while the price of top loser Unilever Pakistan decreased by Rs.43.85.

Fauji Cement Company (FCCL), D.G Khan Cement and Bank of Punjab (BOP) remained volume leaders on Tuesday, with 26,000, 14,200 and 10,250 shares respectively.

Copyright APP (Associated Press of Pakistan), 2012

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