The 100-index of the Pakistan Stock Exchange (PSX) continued with bullish trend on Tuesday and gained 107.28 points, showing growth of 0.23 percent, closing at 45,910.47 points against 45,803.19 points the previous trading day.
A total of 117,145,448 shares were traded during the day as compared to 103,494,874 shares, whereas the trading value of shares was recorded at Rs 4.110 billion against Rs 3.296 billion on the last trading day.
As many as 323 companies transacted their shares in the stock market; 160 of them recorded gains and 136 sustained losses, whereas the share price of 27 companies remained unchanged.
The three top-trading companies were Yousuf Weaving with 11,645,500 shares at Rs 2.93 per share; SEARLR2 with 7,363,949 shares at Rs 0.77 per share and Bankislami Pak with 6,072,990 shares at Rs 15.08 per share.
Nestle Pakistan witnessed a maximum increase of Rs 100.00 per share price, closing at Rs 7,100.00, whereas the runner-up was Bhanero Textile with Rs 65.00 rise in its per share price to Rs 990.00.
Sanofi-Aventis witnessed a maximum decrease of Rs 56.92 per share closing at Rs 702.08; followed by Mehmood Textile with Rs 40.27 decline to close at Rs 496.70.
Meanwhile Pakistani Rupee on Tuesday witnessed the 11th consecutive recovery session as it gained Rs1.04 against the US dollar in the interbank trading and closed at Rs 294.90 against the previous day’s closing of Rs 295.94.
However, according to the Forex Association of Pakistan (FAP), the buying and selling rates of the dollar in the open market stood at Rs 295.6 and Rs 298.5 respectively.
The price of the Euro decreased by 34 paisa to close at Rs 315.28 against the last day’s closing of Rs 315.62, according to the State Bank of Pakistan (SBP).
The Japanese Yen came down by 01 paisa to close at Rs 1.99, whereas a decrease of Rs 1.09 was witnessed in the exchange rate of the British Pound, which traded at Rs 365.32 as compared to the last closing of Rs 366.41. The exchange rates of the Emirates Dirham and the Saudi Riyal declined by 28 and 27 paisa to close at Rs 80.29 and Rs 78.62 respectively.
