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Markets

ISE witnesses bullish trend

Published March 20, 2012 Updated March 20, 2012 03:39pm

 ISLAMABAD: The Islamabad Stock Exchange (ISE) on Tuesday witnessed bullish trend as the index gained 19.49 points to close at 2790.39 as compared to the previous day's trading.

Stock Analyst of First National Equity Pvt Ltd M.M Hassan told APP that the low-priced shares in the markets led the bullish rally and the volume in the markets also witnessed an increase.

He said that the investors had taken new positions in the markets at this level of index but majority of them preferred taking the positions in the low-priced shares rather than other stocks.

Total volume of shares traded was 291,429, which was up by 68,429 shares when compared to the previous day's trading.

Out of 123 companies' shares traded, the price of 80 was increased while the price of 43 decreased.

The price of top gainer Unilever Pakistan was increased by Rs.269.78 while the price top loser Pakistan Tobacco decreased by Rs.2.80.

Copyright APP (Associated Press of Pakistan), 2012

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