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Equities partially recovered at the Islamabad Stock Exchange (ISE) where major players and small investors adopted cautious approach to avoid heavy losses amid increase in index. ISE-10 Index showed an improvement of 9.73 points as it moved from 2,087.65 to 2,097.38 points. The volume of trade stood at 352,500 shares as compared to previous turnover of 651,500 shares.
The horizon of trade contracted from 130 stocks to 82 companies. Majority of stocks (64) closed in positive territory, 16 closed in negative territory, whereas two companies remained glued to their overnight levels. The volume of MCB Bank was 61,700 shares. The turnover of NIB Bank was 49,500 shares. The volume of Pakistan Cement was 32,500 shares. Top gainer was Unilever Pakistan with an increase of Rs 30 per share, whereas major loser was Apollo Textiles with a decrease of Rs 5.35 per share.

Copyright Business Recorder, 2008

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