The 100-index of the Pakistan Stock Exchange (PSX) continued with bullish trend on Tuesday, gaining 195.91 points, a positive change of 0.41 percent, closing at 48,230.51 points against 48,034.60 points the previous trading day.
A total of 556,930,694 shares were traded during the day as compared to 491,874,957 shares the previous day, whereas the price of shares stood at Rs 15.946 billion against Rs 17.884 billion on the last trading day.
As many as 357 companies transacted their shares in the stock market; 223 of them recorded gains and 107 sustained losses, whereas the share price of 27 companies remained unchanged.
The three top-trading companies were Telecard Limited with 39,642,890 shares at Rs 8.72 per share; Cnergyico PK with 37,858,029 shares at Rs.3.51 per share and WorldCall Telecom with 33,223,087 shares at Rs 1.35 per share.
Rafhan Maize witnessed a maximum increase of Rs 147.97.00 per share price, closing at Rs8,797.97 whereas the runner-up was Nestle Pakistan with an Rs 50.00 rise in its per share price to Rs 7,000.00.
Colgate Palm witnessed a maximum decrease of Rs 79.34 per share closing at Rs 1,461.62, followed by Khyber Textile with Rs 67.57 decline to close at Rs 833.43.
Meanwhile Pakistani Rupee on Tuesday witnessed a devaluation of 90 paisa against the US Dollar in the interbank trading as it closed at Rs 287.54 against the previous day’s closing of Rs 286.64.
However, according to the Forex Association of Pakistan (FAP), the buying and selling rates of dollars in the open market stood at Rs 288 and Rs 291 respectively.
The price of the Euro decreased by 38 paisa to close at Rs 315.77 against the last day’s closing of Rs 316.15, according to the State Bank of Pakistan (SBP).
The Japanese Yen remained unchanged to close at Rs 2.01, whereas a decrease of Rs 0.21 was witnessed in the exchange rate of the British Pound, which traded at Rs 368.22 as compared to its last day’s closing of Rs 368.43.
