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Technical correction moved the entire ready-board in downward direction under the lead of hot favourite where selling-pressure intensified following different reports of foreign selling, CFS rules and judicial crisis amid decrease in index.
ISE-10 Index was down by 175.23 points as it moved from 2,745.25 to 2,570.02 points. The overall turnover amounted to 4,103,400 shares as compared to previous volume of 4,771,000 shares. Total 133 companies participated in buying and selling activity. Majority of stocks (111) closed in negative territory, 20 landed in plus column, whereas two companies remained glued to their overnight levels.
The volume of Fauji Cement was 747,500 shares. The turnover of OGDCL 731,400 shares as compared to previous volume of 569,400 shares. The volume of DG Khan Cement was 560,700 shares as compared to previous turnover of 426,000 shares.

Copyright Business Recorder, 2007

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