Equities failed to show recovery signs at the Islamabad Stock Exchange (ISE) where bears dominated the proceeding amid decrease in index. ISE Network index showed a decrease of 98.13 points as the rate-based indicator moved from 11,654.53 to 11,556.40 points.

The overall volume amounted to 11,35,600 shares as compared to previous turnover of 14,44,400 shares. Total 118 companies participated in buying and selling activity. Majority of stocks (72) landed in negative territory, 46 showed plus signs whereas zero company remained pegged to its previous level.

The turnover of PTCL was 897,400 shares as compared to previous volume of 10,59,000 shares.

The volume of OGDCL was 74,500 shares as compared to previous turnover of 199,500 shares. The volume of Pakistan Petroleum was 60,600 shares.

Copyright Business Recorder, 2005