Sunday, June 10, 2012

Islamabad stocks decrease 98 points

Daily Times - Leading News Resource of Pakistan


ISLAMABAD: The Islamabad stock market witnessed selling pressure during the week, analysts said here on Saturday. The Islamabad Stock Exchange (ISE) 10-share index decreased by 97.6 points to close at 2,703.81 points as against the previous week’s close of 2,801.41 points. The ISE 10-share index remained negative for three days (June 4, 5 and 8) and positive for two days (June 6 and 7). Total volume of transactions stood at 0.207 million shares as against 0.134 million shares last week, showing a total increase of 0.073 million shares or 54.48 percent. The minimum transaction in the outgoing week was recorded on June 4 when the market reached 0.009 million shares and the index decreased by 45.65 points to close at 2,755.76 points from the previous level of 2,801.41 points. The maximum transaction in the outgoing week was 0.097 million shares as compared with last week’s 0.039 million shares. The maximum decrease in share price of a company was observed in Siemens Pakistan Engineering, the price of which fell Rs 24.51 on June 6 when the index increased by 7.46 points. The maximum increase in share price of a company was also observed in Unilever Pakistan, which rose Rs 60.19 on June 5 when the market lost by 21.08 points. staff report

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