Bears continued to stay in the front seat at the Islamabad Stock Exchange (ISE) where selling-pressure intensified in trend-setters amid decrease in index. ISE Network index was down by 91.86 points as the rate-based indicator moved from 11,560.92 to 11,469.06 points.

The overall volume amounted to 1,448,500 shares as compared to previous turnover of 11,35,600 shares. Total 112 companies were quoted on the ready-board. Majority of stocks (79) landed in negative territory, 33 showed plus signs whereas zero company remained pegged to its previous level.

The turnover of PTCL was 779,500 shares as compared to previous volume of 897,400 shares. The volume of OGDCL was 531,000 shares as compared to previous turnover of 74,500 shares. The volume of Pakistan Petroleum was 37,100 shares as compared to previous turnover of 60,600 shares.

Copyright Business Recorder, 2005