ISLAMABAD (APP) Islamabad Stock Exchange (ISE-10) on Monday witnessed bearish trend as the index fell to 79.94 points to close 2,458.55 against the previous days closing. Senior Equity Dealer, Ismail Iqbal Pvt Ltd, Zaheer Ahmed told APP that the geo-political concerns and the decline in the Asian markets caused negative sentiments in the local equity markets. He said that due to these concerns, the selling by the major institutions witnessed increase in the markets. The index was minus 450 points at the time of opening, however at till the time of closing, the market recovered 110 points to close at 340 points, showing somehow upward trend in buying, he said He said that Foreign Investors Portfolio Investment (FIPI) remained net buyer and purchased shares worth US$ 1.02 million in the local markets, showing positive sentiments for the local markets in the future. Stock Analyst, First National Equity Pvt Ltd, M.M Hassan said that the history of low of Pak Rupee against Dollar caused mixed to negative activities in market. He said that development of rumours with regard to Capital Gain Tax issues were positive but could not bring much catalyst effect in taking market to its high in this time frame. Total shares traded were 152,410, which was up by 77,920 as compared to previous days trading. Out of 123 companies, the price of 11 were decreased while the price of 112 decreased. The price of the top gainer Mari Gas was increased by Rs. 3.85 while the price of top loser Unilever Pakistan decreased by Rs. 226.96. Nishat Mills Limited (NML), Lotte Pakistan PTA and Bank of Punjab (BOP) remained volume leaders on Monday, with volume of 28,000, 27,000 and 25,000 share respectively.