ISE stages recovery

04 Nov, 2006

Equities witnessed broad-based recovery under the lead of volume leaders at the Islamabad Stock Exchange (ISE) where investors injected fresh investment amid increase in index. ISE Ten index showed an improvement of 98.48 points as the index moved from 2,738.75 to 2,837.23 points.
The volume of trade stood at 638,800 shares as compared to previous turnover of 291,200 shares. Total 125 companies participated in buying and selling activity. Majority of stocks (95) closed in positive zone, 29 landed in minus territory, whereas one company remained pegged to its previous levels.
The volume of Fauji Cement was 235,000 shares. The volume of Fauji Fertiliser Bin Qasim was 124,000 shares as compared to previous turnover of 274,500 shares. The turnover of OGDCL was 103,000 shares as compared to previous volume of 133,500 shares. Top gainer was Arif Habib Securities with an increase of Rs 14.30 per share, while top loser was Sitara Chemicals with an decrease of Rs 3.15 per share.

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