ISLAMABAD: Islamabad Stock Exchange (ISE-10) here on Tuesday witnessed bearish trend as the index was down by 8.67 points to close at 2920.58 as compared to the previous day's trading.
Talking to APP, Stock Analyst, Jeewan said that the local stock market witnessed the mix-trend because the investors preferred to be sideline.
The majority of jobbers are expecting the technical correction at this level of index as the bourse was continuously increasing due to the positive sentiments, he added.
Besides this, the cement sector has performed well due to the participation of the investors whenever the index comes down which is positive indicator for the future of capital market.
Total volume of shares traded was 22,652, which was up by 12,652 as compared to a day earlier's closing.
Out of 118 companies's shares traded, the price of 68 was increased while the price of 50 decreased.
The price of top gainer Unilever Pakistan was increased by Rs.70.91 while the price of top loser Indus Motors decreased by Rs.3.23.
Bank of Punjab, Fauji Cement and DG Khan Cement remained volume leaders on Tuesday, with volume of 10,000. 10,000 and 1,152 shares respectively.
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