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Markets

ISE-10 sheds 30 points

Published March 19, 2012 Updated March 19, 2012 03:08pm

ise_400ISLAMABAD: Islamabad Stock Exchange (ISE-10) here on Monday witnessed bearish trend as the index was down by 30.56 points to close at 2770.90 as compared to the previous day's trading.

Stock Analyst, First National Equity Pvt Ltd, M.M Hassan told APP that the technical correction had undergone in the local markets after consecutive bullish trend.

He said that the investors had booked profit rather than taking new positions but there was not any negative sentiments in the markets.

Total volume of shares traded was 223,000, which was down by 77,235 when compared to the previous day's closing.

Out of 137 companies' shares traded, the price of 25 was increased while the price of 112 decreased.

The price of top gainer Unilever Pakistan was increased by Rs.34.90 while the price of the top loser ICI Pakistan decreased by Rs.6.69.

Maple Leaf Cement, Fauji Fertilizer Bin Qasim and Bank of Punjab remained volume leaders on Monday, with volume of 80,000, 54,500 and 32,000 shares respectively.

Copyright APP (Associated Press of Pakistan), 2012

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