ISLAMABAD: Islamabad Stock Exchange (ISE-10) here on Friday witnessed bullish trend as the index was up by 5.76 points to close at 2698.09 as compared to previous day's trading.
Stock Analyst, Ismail Iqbal Pvt Ltd, Jeewan told APP that the mixed trend in the local market was seemed because the investors preferred to adopt the policy of wait and see till announcement of monetary policy.
He said that the State Bank of Pakistan (SBP) would announce policy on February 11 and it was expected the cut on interest rate because of the consecutive decreasing trend in the inflation in the country.
Total volume of shares traded was 9,000, which was down by 69,130 as compared to a day earlier's closing.
Out of 126 companies' shares traded, the price of 55 was increased while the price of 71 decreased.
The price of top gainer Unilver Pakistan was increased by Rs.12.94 while the price of top loser Mitchell Fruit Farma decreased by Rs.3.64.
Nishat Mills Limited (NML), Lotte Pakistan PTA and Kot Addu Power remained volume leaders on Friday, with volume of 5,000, 2,900 and 500 shares respectively.
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