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Markets

ISE-10 gains 30 points

Published January 8, 2013 Updated January 8, 2013 05:05pm

ISE-ISLAMABAD: The Islamabad Stock Exchange (ISE-10) on Tuesday witnessed bullish trend as the index was up by 29.72 points to close at 3235.85 as compared to the previous day's trading.

 

Talking to APP, Stock Analyst Ibrahim said that the trading in the low- priced shares caused positive sentiments in the local stock markets.

 

"Punters has taken major positions in the scrips for intra-day trading and whenever the index got strength, they off-loaded the positions held", he added.

 

Among other sectors, banking sector remained the most attractive for intra-day trading and the majority position taken were squared up at time of closing of market, Ibrahim said.

 

Total volume of shares traded was 188,500, which was up by 31,000 as compared to a day earlier's closing.

 

Out of 140 companies' shares traded, the price of 114 was increased while the price of 26 decreased.

 

The price of top gainer Millat Tractors was increased by Rs.28.75 while the price of top loser Siemens Pakistan Engineering decreased by Rs. 7.10.

 

Silk Bank, Askari Bank and Byco Pakistan remained volume leaders, with volume of 106,000, 46,500 and 25,000 shares respectively.

 

Copyright APP (Associated Press of Pakistan), 2013

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