ISLAMABAD: Islamabad Stock Exchange (ISE-10) here on Thursday witnessed bullish trend as the index gained 23.33 points to close at 3161.59 as compared to the previous day's trading.
Stock Analyst, M.M Hassan told APP that the positive sentiments were remained dominant in the local stock market due to positive economic development in the country.
The major buying was seen in the cement and banking sector because the investors were expecting the rise in the corporate sector's earning, he added.
Besides, the turnover of shares in the market has witnessed an increase over a day earlier's closing which is indicating a long-term bullish trend in the capital market, he remarked.
The total volume of shares traded were 42,500, which was up by 8,000 as compared to a day earlier's closing.
Out of 141 companies's shares traded, the price of 78 was increased while the price of 63 decreased.
The price of top gainer Sanofi Aventis Pakistan was increased by Rs.14.28 while the price top loser National Foods decreased by Rs.5.69.
Fauji Cement Co. Ltd, Maple Leaf Cement and National Bank remained volume leaders with volume of 25,000, 15,000 and 2,000 shares respectively.
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