ISLAMABAD: Islamabad Stock Exchange (ISE-10) here on Tuesday witnessed bullish trend as the index was up by 18.13 points to close at 2833.78 as compared to the previous day's trading.
"According to State Bank of Pakistan (SBP), National Bank of Pakistan (NBP) enjoys highest credit rating among leading public sector banks in Pakistan with "AAA" which caused the positive sentiments in the local markets", Stock Analyst, Jeewan said, while talking to APP.
He said that the investors remained bullish in the banking sectors, even the NPB had touched the upper circuit level but could not sustained till closing of the market.
"Of total turnover in the markets, the banking sector has contributed substantial share in term of volume in the markets", he added.
Total volume of shares traded was 332,001, which was up by 134,535 against 197,466 shares traded in the previous day.
Out of 137 companies' shares traded, the price of 77 was increased while the price of 60 decreased.
The price of top gainer Unilever Pakistan was increased by Rs.51.81 while the price of top loser Siemens Pakistan Engineering decreased by Rs.23.00.
NIB Bank Ltd, Byco Petroleum and Bank of Punjab remained volume leaders on Tuesday, with volume of 150,000, 81,500 and 30,000 shares respectively.
Comments
Comments are closed.