Selling pressure grips ISE

28 Dec, 2007

Selling pressure intensified in trend-setters at the Islamabad Stock Exchange (ISE) where fresh bearish assault moved the entire ready-board in downward direction amid decrease in index. ISE-10 Index was down by 6.38 points as it moved from 3045.81 to 3040.04 points.
The volume of trade stood at 1,977,900 shares as compared to previous turnover of 1,706,700 shares. Total 150 companies participated in buying and selling activity. Majority of stocks (86) closed in negative territory, 62 showed positive signs0, whereas two companies remained pegged to their overnight levels.
The turnover of Javed Omer Vohara was 500,300 shares. The volume of Bosicor Pakistan was 340,500 shares as compared to previous turnover of 1,190,000 shares. The volume of Arif Habib Securities was 261,500 shares.

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