Bears return in driving seat on ISE

16 Apr, 2009

Bears returned in the driving seat at the Islamabad Stock Exchange (ISE) where selling pressure in trend-setters moved the entire ready-board in downward direction amid decrease in index. ISE Ten Index was minus by 22.75 points, as the ISE Ten Index moved from 1,799.27 to 1,776.52 points.
The volume of trade amounted to 2,990,834 shares as compared to previous turnover of 4,676,899 shares. The horizon of trade contacted from 135 companies to 95 stocks. Majority of companies (69) landed in minus territory, 28 closed in positive territory, whereas zero companies remained pegged to their overnight levels. The volume of Bank of Punjab was 649,300 shares. The turnover of Fauji Fertiliser Bin Qasim was 270,500 shares. The volume of National Bank was 234,700 shares.

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