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Bears returned on the driving seat at the Islamabad Stock Exchange (ISE) where players and genuine traders offloaded their positions amid the decrease in index.
The ISE network index was down by 39.91 points as the price-based indicator moved from 11,852.87 to 11,812.96 points, while the overall turnover amounted to 1,321,000 shares as compared to previous volume of 1,185,800 shares.
Total 122 companies participated in buying and selling activity. Majority of stocks (82) landed in minus zone, 38 showed plus signs, while two companies remained pegged to their overnight levels.
The turnover of OGDCL was 730,000 shares as compared to previous volume of 662,500 shares. The volume of Fauji Fertiliser was 214,500 shares as compared to previous turnover of 200,000 shares. The turnover of Hubco was 150,000 shares.

Copyright Business Recorder, 2004

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