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Markets

ISE gains 25.65 points

Published Updated

ise 400ISLAMABAD: Islamabad Stock Exchange (ISE-10) here on Wednesday witnessed bullish trend as the index gained 25.65 points to close at 3196.63 as compared to the previous day's trading.

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

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 55,500, which was down by 27,000 as compared it with a day earlier's closing.

Out of 128 companies' shares traded, the price of 69 was increased while the price of 59 decreased.

The price of top gainer Mitchells Fruit Farma was increased by 10.00 while the price of top loser Siemens Pakistan Engineering decreased by Rs 22.11.

K.E.S.C, Lucky Cement and Engro Polymer & Chemicls remained volume leaders on Wednesday, with volume of 15,500, 13,500 and 10,000 shares respectively.

Copyright APP (Associated Press of Pakistan), 2012

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