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Markets

ISE-10 gains 63 points

Published May 22, 2012 Updated May 22, 2012 02:57pm

ISLAMABAD: The Islamabad Stock Exchange (ISE-10) on Tuesday witnessed bullish trend as the index was up by 63.48 points to close at 2833.17 as compared to the previous day's trading.

Stock Analyst of Ismail Iqbal Pvt Ltd Jeewan told APP that the foreign buyers seemed to have entered the market after consecutive bearish trend the positive sentiments.

"All sectors, including oil, fertilizer and low-priced shares remained the most traded resulting an increase the volume of shares in the market", he said, adding that the current trend would be beneficial for the investors for long-term.

Total volume of shares traded was 121,200, which was up by 38,595 as compared to the previous day's closing.

Out of 135 companies' shares traded, the price of 117 was increased while the price of 18 decreased.

The price of top gainer Unilever Pakistan was increased by Rs.100.00 while the price of top loser Tri-Pack Films decreased by Rs.2.00.

PTCL, Byco Petroleum and Attock Refinery remained volume leaders on Tuesday, with volume of 105,000, 5,000 and 5,000 shares respectively.

Copyright APP (Associated Press of Pakistan), 2012

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