The Pakistani Rupee on Tuesday witnessed an appreciation of 06 paisa against the US Dollar in the interbank trading and closed at Rs281.22 against the previous day’s closing of Rs281.28.
However, according to the Forex Association of Pakistan (FAP), the buying and selling rates of the Dollar in the open market stood at Rs280.9 and Rs283.4 respectively.
The price of the Euro increased by 55 paisa to close at Rs308.10 against the last day’s closing of Rs307.55, according to the State Bank of Pakistan (SBP).
The Japanese Yen went up by 01 paisa and closed at Rs1.95, whereas an increase of Rs1.11 was witnessed in the exchange rate of the British Pound, which traded at Rs358.36 compared to the last closing of Rs357.25.
The exchange rates of the Emirates Dirham and the Saudi Riyal decreased by 02 each to close at Rs76.56 and Rs74.98 respectively.
Meanwhile the 100-index of Pakistan Stock Exchange (PSX) witnessed a nominal negative change of 0.10 percent on Tuesday by losing 66.45 points, closing at 64,170.58 points against 64,237.03 points the previous trading day.
A total of 448,990,545 shares valuing Rs.12.281 billion were traded during the day as compared to 484,012,978 shares valuing Rs. 12.744 billion the last day.
Some 352 companies transacted their shares in the stock market; 141 of them recorded gains and 187 sustained losses, whereas the share prices of 24 remained unchanged.
The three top-trading companies were K-Electric with 113,954,346 shares at Rs.5.75 per share, Hascol Petrol with 36,113,000 shares at Rs.8.00 per share and PIAC (A) with 19,810,500 shares at Rs.8.99 per share. Sapphire Fibres Limited witnessed a maximum increase of Rs.119.00 per share price, closing at Rs.1,784.00, whereas the runner-up was Pak Suzuki Motor Company with a Rs.54.25 rise in its per share price to Rs.777.56.
