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Markets

ISE-10 sheds 4 points

Published Updated

ise ISLAMABAD: Islamabad Stock Exchange (ISE-10) here on Tuesday witnessed bearish trend as the index was down by 4.91 points to close at 3092.62 as compared to previous day's trading.

 

Talking to APP, Stock Analyst M.M Hassan said that the profit-taking caused the bearish trend in the local stock market.

 

Despite this, the investors has also taken the positions in the low-priced shares whenever the index touched the low, he added.

 

He said that the buying was seen in Banking and Cement sector resulting a rise in the turnover of the market.

 

Total shares traded were 18,500, which was up by 16,000 shares when compared it with a day earlier's closing.

 

Out of 133 companies's shares traded, the price of 64 was increased while the price of 69 decreased.

 

The price of top gainer Siemens Pakistan Engineering was increased by Rs 32.00 while the price of top loser Murree Brewery decreased by Rs 8.62.

 

Maple Leaf Cement, PTCL and Silk Bank remained volume leaders with volume of 10,000, 6,000 and 2,000 shares respectively.

 

Copyright APP (Associated Press of Pakistan), 2012

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