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iseISLAMABAD: Islamabad Stock Exchange (ISE-10) here on Wednesday witnessed bearish trend as the index was down by 45.83 points to close at 2851.81 as compared to the previous day's trading.

Stock Analyst, Ismail Iqbal Pvt Ltd, Sadiq told APP that the profit taking was seemed in the local market.

He said that the investors preferred to off-load positions at upper level of index rather than taking news position in the markets.

Total volume of shares traded was 167,920 which was up by 98,190 when compared with the previous day's trading.

Out of 135 companies' shares, the price of 75 was increased while the price of 60 decreased.

The price of top gainer Mitchell Fruit Farms was increased by Rs.6.00 while the price of top loser Unilever Pakistan decreased by Rs.5.17.

Maple Leaf Cement, Dewan salaman Fibres and Fauji Cement remained volume leaders on Wednesday, with volume of 40,250, 28,000 and 26,000 shares respectively.

Copyright APP (Associated Press of Pakistan), 2012

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