Mixed trend was observed at the Islamabad Stock Exchange (ISE) where bulls returned in the front seat amid increase in index. ISE network index was up by 33.83 points as the rate-based indicator moved from 12,739.56 to 12,773.39 points.
Brokers said that the buying spree in selected stocks was witnessed on the last trading days. However, cautious traders and short-term margin hunters preferred to remain at the sidelines to avoid huge losses.
The overall turnover amounted to 897,800 shares as compared to previous volume of 880,200 shares. Total 136 companies participated in buying and selling activity. Majority of stocks (74) closed in positive territory, 62 showed negative signs, whereas zero companies remained pegged to their previous levels.
The volume of OGDCL was 298,800 shares. The turnover of PTCL was 261,800 shares as compared to previous volume of 432,100 shares. The volume of Hubco was 252,000 shares as compared to previous turnover of 325,000 shares.