ISLAMABAD: Islamabad Stock Exchange (ISE-10) here on Friday witnessed bullish trend as the index gained 21.25 points to close at 2909.77 as compared to the previous day's trading.
Stock Analyst, First National Equity Pvt Ltd, M.M Hassan told APP that the resumption of NATO supply caused the positive sentiments in the local stock markets.
Moreover, the release of pending funds by US under the heads of Coalition Support Fund (CSF) and Kerry-Lougar Bill will also affect positively on economy of the country, he added.
"However, the investors have taken the positions in the markets due to this positive development which led the bullish rally and in addition the volume of shares in the market has also registered an increase when compared it with some days back's closing," he said.
Total volume of shares traded was 7,400, which was down by 2,600 as compared to a day earlier's closing.
Out of 103 companies' shares traded, the price of 73 was increased while the price of 30 decreased.
The price of top gainer Unilever Pakistan was increased by Rs.45.00 while the price of top loser Mitchell Fruit Farma decreased by Rs.7.97.
Bank Al Falah, Lotte Pakistan PTA and DG Khan Cement remained volume leaders on Friday, with volume of 5,000, 1,000 and 700 shares respectively.
Meanwhile, the rupee gained 10 paisa by closing at Rs.94.20 against the US dollar as compared to its previous day's closing at Rs.94.30 against the greenback.
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