Equities scored handsome gains under the lead of hot favourite at the Islamabad Stock Exchange (ISE) where fresh buying spree in trend-setters moved the entire ready-board in upward direction amid increase in index ISE network index showed an increase of 137.56 points as the rate-based indicator moved from 12,836.77 to 12,974.33 points.

Total 149 companies participated in buying and selling activity. Majority of stocks (79) closed in positive territory, 68 showed minus signs while 2 companies remained pegged to their previous levels.

The volume of trade amounted to 40,56,200 shares as compared to previous turnover of 42,08,200 shares.

The volume of OGDCL was 21,75,800 shares as compared to previous turnover of 18,18,800 shares.

The volume of Pakistan Oilfields was 663,900 shares. The turnover of Fauji Fertiliser was 434,000 shares as compared to previous volume of 488,000 shares.

Copyright Business Recorder, 2005