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Markets

ISE-10 stays bullish

Published September 14, 2012 Updated September 14, 2012 04:18pm

ise 400ISLAMABAD: Islamabad Stock Exchange (ISE-10) here on Friday witnessed bullish trend as the index gained 36.21 points to close at 3146.47 as compared to the previous day's trading.

 

Local buying has caused the bullish rally in the local stock market, said Stock Analyst, Jeewan while talking to APP on Friday.

 

He said that the low-priced shares were remained the most traded shares in the markets.

 

Besides, the punters has also booked the profits whenever the index went up to reduce the risk resulting a decline in the turnover of the market, he added.

 

Of total shares traded were 45,700, which was down by 3,300 as compared it with a day earlier's closing.

 

Out of 131 companies' shares traded, the price of 61 was increased while the price of 70 decreased.

 

The price of top gainer Unilever Pakistan was increased by 460.00 while the price of top loser Millat Tractors decreased by Rs 6.90.

 

NIB Bank, Maple Leaf Cement and Bop remained volume leaders on Friday, with volume of 46,000, 5,000 and 5,000 shares respectively.

Copyright APP (Associated Press of Pakistan), 2012

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