Islamabad Stock Exchange (ISE-10) here on Monday witnessed bullish trend as the index was up by 33.70 points to close at 3169.08 points as compared to the previous day’s trading. Talking to APP, Stock Analyst, M.M Hassan said that the buying in the low-priced stocks led the bullish rally in the local stock markets. Besides, the investors preferred to off-load the positions in the markets whenever the index got the strength resulting in a decrease in the volume of the market, he added. Moreover, the punters have taken position in the low-priced shares specially banking and cement sectors, he said. Total volume of shares traded was 57,600, which was down by 400 as compared to a day earlier’s closing. Out of 138 companies’ shares traded, the price of 82 was increased while the price of 56 decreased. The price of top gainer Unilever Pakistan was increased by Rs. 300 while the price of top loser decreased by Rs.40. Silk Bank Ltd, NIB Bank and Fauji Cement Limited remained volume leaders, with volume of 25,000, 15,000 and 10,000 shares respectively.
