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Foreign brokerage houses and small investors offloaded their positions on Friday at the Islamabad Stock Exchange where selling-pressure in hot favourites moved the entire ready-board in downward direction amid decrease in index.
ISE-10 Index fell by 25.53 points, as the ISE index moved from 3,197.66 to 3,172.13 points. The overall turnover stood at 3,690,500 shares as compared to previous volume of 3,689,900 shares. Total 137 companies participated in buying and selling activity. Majority of stocks (79) closed in negative zone, whereas 58 closed in positive territory, whereas zero company remained pegged to their overnight levels.
The volume of Fauji Fertiliser Bin Qasim was 812,500 shares as compared to previous turnover of 812,500 shares. The volume of Bank of Punjab was 720,200 shares. The turnover of Telecard was 300,000 shares.

Copyright Business Recorder, 2008

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