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Markets

ISE-10 gains 34 points

Published June 18, 2012 Updated June 18, 2012 04:34pm

iseISLAMABAD: Islamabad Stock Exchange (ISE-10) here on Monday witnessed bullish trend as the index was up by 34.01 points to close at 2729.12 as compared to previous day's trading.

Talking to APP, Stock Analyst, Zaheer Ahmed said that the positive sentiments in the oil sector led the bullish rally in the local stock markets.

"Besides this, the investors have also taken positions in the power sector", he said, adding that fertilizer sector performed well as compared to previous day's trading.

He said that among others stocks, Fatima Fertilizer and Fauji Fertilizer Bin Qasim remained most traded shares because of the jobbers' interest.

Total volume of shares traded was 9,299, which was down by 66,263 as compared to a day earlier's closing.

Out of 109 companies' shares traded, the price of 57 was increased while the price of 52 decreased.

The price of top gainer Unilever Pakistan was increased by Rs.10.83 while the price of top loser Mitchell Fruit Farms decreased by Rs.15.14.

Fauji Fertilizer Bin Qasim, Bank Of Punjab and Fatima Fertilizer remained volume leaders on Monday, with volume of 6,100, 1,500 and 1,000 shares respectively.

Copyright APP (Associated Press of Pakistan), 2012

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