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Markets

ISE-10 stays bullish

Published March 15, 2012 Updated March 15, 2012 05:36pm

ise_400ISLAMABAD: Islamabad Stock Exchange (ISE-10) here on Thursday witnessed bullish trend as the index gained 16.52 points to close at 2849.47 when compared with the previous day's trading.

Stock Analyst, First National Equity Pvt Ltd, M.M Hassan told APP that the banking sector and OGDC led the bullish rally in the local markets.

He said that Bank of Punjab (BOP) closed at Rs.9.55 up by Rs. 0.46 with turnover of 26.22 million shares and NIB Bank at Rs. 2.81 with volume of 18.63 million shares.

"OGDC also led the bullish rally with volume 2.18 million shares and it closed up by Rs. 2.21 at Rs. 167.55," he added.

He said that among other volume leaders in the bourse, TRG Pakistan Ltd closed at Rs. 3.65 with turnover of 15.36 million shares and Dewan Cement at Rs. 4.19 up by Rs. 0.78 with volume of 18.44 million shares.

Out of 144 companies' shares traded, the price of 85 was increased while the price of 59 decreased.

The price of top gainer Fazal Textile was increased by Rs.11.74 while the price of top loser Unilever Pakistan decreased by Rs.44.08.

Copyright APP (Associated Press of Pakistan), 2012

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