Islamabad stays bullish
ISLAMABAD: Islamabad Stock Exchange (ISE-10) here on Thursday witnessed bullish trend as the index gained 6.75 points to close at 2587.01 as compared the previous day's trading.
A stock analyst, talking to news agency expected positive announcement of financial results of corporate sectors caused the positive sentiments in the local markets.
He said that the December was the month of closing accounts of companies listed in all stock exchanges of the country and the investors were expecting more returns from corporate sectors.
"The buying was seemed in the oil sector because it is performing better than other sectors", he added.
In today's trading, the volume of shares was 4,910, which was down by 64,590 as compared to previous day's closing.
A total of 106 companies' shares were traded Thursday, out of which 66 scrips gained while 40 lost, and the share prices of the rest remained unchanged.
The price of top gainer Siemens Pakistan Engineering increased by Rs.16.54 while the price of top loser Fauji Fertilizer Bin Qasim (FFBL) decreased by Rs.1.47.
Lotte Pakistan PTA, National Bank of Pakistan (NBP) and FFBL remained volume leaders, with volume of 2,000, 1,800 and 1,000
shares respectively. (APP)
ISLAMABAD: Islamabad Stock Exchange (ISE-10) here on Thursday witnessed bullish trend as the index gained 6.75 points to close at 2587.01 as compared the previous day's trading.
A stock analyst, talking to news agency expected positive announcement of financial results of corporate sectors caused the positive sentiments in the local markets.
He said that the December was the month of closing accounts of companies listed in all stock exchanges of the country and the investors were expecting more returns from corporate sectors.
"The buying was seemed in the oil sector because it is performing better than other sectors", he added.
In today's trading, the volume of shares was 4,910, which was down by 64,590 as compared to previous day's closing.
A total of 106 companies' shares were traded Thursday, out of which 66 scrips gained while 40 lost, and the share prices of the rest remained unchanged.
The price of top gainer Siemens Pakistan Engineering increased by Rs.16.54 while the price of top loser Fauji Fertilizer Bin Qasim (FFBL) decreased by Rs.1.47.
Lotte Pakistan PTA, National Bank of Pakistan (NBP) and FFBL remained volume leaders, with volume of 2,000, 1,800 and 1,000
shares respectively. (APP)
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