ISE gains 43 points

The Islamabad stock market witnessed a firm trading session on Tuesday as the ISE 10-share index was up by 42.87 points to close at 2,520.23 points from its previous level of 2,477.36 points.

Of the total 110 participant companies, 70 climbed upward and 40 turned negative. However, total turnover decreased to 0.005 million shares from 0.070 million shares at the opening of the day, showing a total decrease of 0.065 million shares. National Refinery was the top gainer as its share value shot up by Rs 8.36 to close at Rs 364.33 after opening at Rs 355.97. Millat Tractors was the second major gainer as its share value increased by Rs 8.12 to close at Rs 380.99 as against its opening at Rs 372.87.

ISE gains 8 points

The Islamabad stock market closed slightly higher on Monday as the ISE 10-share index was up by 8.23 points to close at 2,477.36 points from its previous level of 2,469.13 points. Of the total 121 participant companies, 48 climbed upward and 73 turned negative. Total turnover increased to 0.070 million shares from 0.025 million shares at the opening of the day, showing a difference of 0.044 million shares.

Pakistan State Oil was the top gainer as its share value shot up by Rs 7.28 to close at Rs 243.61 after opening at Rs 236.33. Unilever Pakistan was the second major gainer as its share value increased by Rs 5.29 to close at Rs 5,349.39 as against its opening at Rs 5,344.10.

ISE rises 18 points

The Islamabad stock market witnessed a firm trading session on Tuesday as the ISE 10-share index was up by 18.12 points to close at 2,429.74 points from its previous level of 2,411.62 points. Of the total 92 participant companies, 64 climbed upward and 28 turned negative.

However, total turnover decreased to 0.017 million shares from 0.113 million shares at the opening of the day, showing a difference of 0.096 million shares. Mari Gas was the top gainer as its share value shot up by Rs 4.90 to close at Rs 102.94 after opening at Rs 98.04. National Refinery was the second major gainer as its share value increased by Rs 4.86 to close at Rs356.96 as against its opening at Rs 352.10.

ISE surges 35 points

The Islamabad stock market witnessed a firm trading session on Monday as the ISE 10-share index was up by 35.15 points to close at 2,412.60 points from its previous level of 2,377.45 points. Of the total 123 participant companies, 66 climbed upward and 57 turned negative.

However, total turnover decreased to 0.075 million shares from 0.147 million shares at the opening of the day, showing a difference of 0.075 million shares. National Refinery was the top gainer as its share value rose Rs 6.93 to close at Rs 367.60 after opening at Rs 360.67.

ISE MD resigns

Consequent upon his appointment as Commissioner, SECP, Imtiaz Haider has resigned as Managing Director/CEO of Islamabad Stock Exchange (ISE) effective August 23, 2011.

While accepting the resignation of Imtiaz Haider, the ISE Board has appointed Muhammad Waris Niazi, Company Secretary as Acting Managing Director till the induction of new MD.

Imtiaz had joined ISE in February 2010 and contributed a lot towards the betterment of the Exchange. The Board appreciated his contributions towards capital market in general and ISE in particular. staff report

From: Daily Times

Islamabad stocks lose 54 points

The Islamabad stock market witnessed selling pressure during the week, analysts said on Saturday. The Islamabad Stock Exchange (ISE) 10-share index decreased by 53.55 points to close at 2,745.85 points as against the previous week’s close of 2,799.40 points.

The ISE 10-share index remained negative for four days (July 25, 26, 27 and 28) and positive for only one day (July 29). Total volume of transactions stood at 0.194 million shares as against 0.365 million shares last week, showing a total decrease of 0.171 million shares or 47 percent

From: Dailytimes

ISE loses 14 points

The Islamabad stock market closed in the red zone on Monday as the ISE 10-share index dropped by 13.91 points to close at 2,785.49 points from its previous level of 2,799.40 points. Of the total 124 participant companies, 45 climbed upward, and 79 turned negative.

Total turnover decreased to 0.026 million shares from 0.039 million shares at the opening of the day, showing a difference of 0.013 million shares. Unilever Pakistan was the top gainer as its share value shot up by Rs 51.01 to close at Rs 5,899.99 after opening at Rs 5,848.98.

ISE gains 10 points

The Islamabad stock market closed in the positive zone on Wednesday as the ISE 10-share index was up by 9.60 points to close at 2,781.62 points from its previous level of 2,772.02 points. Of the total 105 participant companies, 43 climbed upward and 62 turned negative.

However, total turnover decreased to 0.048 million shares from 0.157 million shares at the opening of the day, showing a difference of 0.108 million shares.

From: Dailytimes

ISE sheds five points

The Islamabad stock market closed in the red zone on Monday as the ISE 10-share index dropped by 5.19 points to close at 2,725 points from its previous level of 2,731.17 points.

Of the total 126 participant companies, 46 climbed upward, and 80 turned negative. However, total turnover increased to 0.097 million shares from 0.017 million shares at the opening of the day, showing a difference of 0.080 million shares.

Fauji Fertilizer was the top gainer as its share value shot up by Rs 8 to close at Rs 171.83 after opening at Rs 163.83.

ICI Pak board decides to separate paint business

The board of directors of ICI Pakistan has decided to split the company into two entities, both of which will be listed on Karachi, Lahore and Islamabad Stock Exchanges. According to ICI communique sent to KSE here Wednesday, the paint business will go to Akzo Nobel Pakistan Limited while ICl Pakistan Limited will retain all other businesses of ICI Pakistan).

The board also decided that separation of the paints business should be achieved through a de-merger, sanctioned by the Court of law.