Equities move both ways on ISE
Friday, 18 December 2009
ISLAMABAD, Dec 17 (Business Recorder): Equities moved both ways at the Islamabad Stock Exchange (ISE) where investors adopted a cautious approach under the lead of hot favourite amid increase in the index. ISE Ten Index showed an improvement of 5.43 points, as the Index moved from to 2,147.14 to 2,152.57 points.
The overall turnover amounted to 555,251 shares, as compared to previous volume of 785,195 shares. Total 157 companies participated in the buying and selling activity. Majority of stocks (85) closed in positive territory, 72 closed in negative territory.
The turnover of Bank Al Falah was 126,200 shares. The volume of Bank of Punjab was 100,919 shares. The turnover of National Bank of Pakistan (NBP) was 62,085 shares. Top gainer was Siemens engineering with an increase of Rs 10.68 per share, whereas a major loser was Mitchell Fruit Farms with a decrease of Rs 3.54 per share.
Meanwhile, the Karachi share market witnessed a volatile session Wednesday with KSE-100 index oscillating between 9,341.97 points intra-day high, up 75.93 points, and 9,232.75 points low, down 33.29 points, before closing at 9,253.66 points with a net loss of 12.38 points due to investors' concerns over NRO issue.
Trading also remained low and the volume at ready counter declined to 146.774 million shares as compared to 190.136 million shares traded Tuesday. Market capitalisation declined by Rs 3 billion to Rs 2.667 trillion. Of 391 active scrips, 201 closed in positive and 163 in negative while the value of 27 scrips remained unchanged.
Japan Power was the volume leader with 13.765 million shares and gained Re 1.00 to close at Rs 2.83. Nishat (Chunian) increased by Re 0.22 to close at Rs 17.36 with 9.473 million shares. Bank Al Falah, BoP and NBP surged by Re 0.07, Re 1.00 and Rs 1.26 to close at Rs 14.13, Rs 21.02 and Rs 74.60 with 8.717 million shares, 8.441 million shares and 6.157 million shares respectively.
The overall turnover amounted to 555,251 shares, as compared to previous volume of 785,195 shares. Total 157 companies participated in the buying and selling activity. Majority of stocks (85) closed in positive territory, 72 closed in negative territory.
The turnover of Bank Al Falah was 126,200 shares. The volume of Bank of Punjab was 100,919 shares. The turnover of National Bank of Pakistan (NBP) was 62,085 shares. Top gainer was Siemens engineering with an increase of Rs 10.68 per share, whereas a major loser was Mitchell Fruit Farms with a decrease of Rs 3.54 per share.
Meanwhile, the Karachi share market witnessed a volatile session Wednesday with KSE-100 index oscillating between 9,341.97 points intra-day high, up 75.93 points, and 9,232.75 points low, down 33.29 points, before closing at 9,253.66 points with a net loss of 12.38 points due to investors' concerns over NRO issue.
Trading also remained low and the volume at ready counter declined to 146.774 million shares as compared to 190.136 million shares traded Tuesday. Market capitalisation declined by Rs 3 billion to Rs 2.667 trillion. Of 391 active scrips, 201 closed in positive and 163 in negative while the value of 27 scrips remained unchanged.
Japan Power was the volume leader with 13.765 million shares and gained Re 1.00 to close at Rs 2.83. Nishat (Chunian) increased by Re 0.22 to close at Rs 17.36 with 9.473 million shares. Bank Al Falah, BoP and NBP surged by Re 0.07, Re 1.00 and Rs 1.26 to close at Rs 14.13, Rs 21.02 and Rs 74.60 with 8.717 million shares, 8.441 million shares and 6.157 million shares respectively.