ISLAMABAD: Islamabad Stock Exchange (ISE-10) here on Tuesday witnessed bearish trend as the index was down by 10.07 points to close at 2822.48 as compared to the previous day's trading.
Stock Analyst, M.M Hassan told APP that the profit taking by the some investors caused the local stock market to close at the red zone.
He said that there was not any negative sentiments but the jobbers had off- loaded their positions at the upper level and even some of them had taken the positions when index came down.
Besides, the most positions were taken in the Attock Refinery, Engro Corporation and National Bank of Pakistan registering an increase in the volume of the market against previous day's turnover.
Total volume of shares traded was 39,784, which was up by 3,082 as compared to a day earlier's closing.
Out of 135 companies' shares traded, the price of 70 was increased while the price of 65 decreased.
The price of top gainer Unilever Pakistan was increased by Rs.139.05 while the price of top loser Linde Pakistan decreased by Rs.2.83.
Attock Refinery, PTCL and National Bank of Pakistan remained volume leaders on Tuesday, with volume of 35,084, 3,000 and 1,000 shares respectively.
Comments
Comments are closed.