The 100-index of the Pakistan Stock Exchange on Monday shed 770.54 points, a negative change of 1.60 per cent, closing at 47,447.96 points against 48,218.50 points the previous trading day.
A total of 211,230,785 shares were traded during the day as compared to 254,814,045 shares the previous day, whereas the price of shares stood at Rs 7.076 billion against Rs.10.414 billion on the last trading day.
As many as 323 companies transacted their shares in the stock market; 50 of them recorded gains and 253 sustained losses, whereas the share price of 20 companies remained unchanged.
The three top-trading companies were WorldCall Telecom with 51,424,053 shares at Rs 1.27 per share; K-Electric Ltd with 8,423,086 shares at Rs.2.23 per share and Oil and Gas Dev with 7,312,226 shares at Rs.96.44 per share.
Mehmood Tex witnessed a maximum increase of Rs 42.95 per share price, closing at Rs 734.95, whereas the runner-up was Sanofi-Aventis with an Rs 20.00 rise in its per share price to Rs 820.00.
Sapphire Fiber witnessed a maximum decrease of Rs 200.00 per share closing at Rs 7,200.00; followed by Rafhan Maize with Rs 137.50 decline to close at Rs 8,450.00.
Meanwhile Pakistani rupee on Monday witnessed Rs 1.36 devaluation against the US dollar in the interbank trading and closed at Rs 297.13 against the previous day’s closing of Rs 295.77.
However, according to the Forex Association of Pakistan (FAP), the buying and selling rates of the dollar in the open market stood at Rs 305 and Rs 308 respectively.
The price of the Euro increased by Rs 1.85 to close at Rs 323.45 against the last day’s closing of Rs 321.60, according to the State Bank of Pakistan (SBP).
The Japanese Yen went up by 01 paisa and closed at Rs 2.04, whereas an increase of Rs 2.11 was witnessed in the exchange rate of the British Pound, which traded at Rs 378.16 as compared to the last closing of Rs 376.05.
The exchange rate of the Emirates Dirham and the Saudi Riyal increased by 37 paisa each to close at Rs 80.89 and Rs 79.22 respectively.
