Rupee down by 52 paisa against dollar
The 100-index of the Pakistan Stock Exchange gained 314.95 points on Monday, a change of 0.76 per cent, closing at 41,667.94 points against 41,352.99 points the previous day.
A total of 145,177,892 shares were traded during the day as compared to 99,545,856 shares the previous day, whereas the price of shares stood at Rs.4,682 billion against Rs. 3.336 billion on the last trading day.
As many as 321 companies transacted their shares in the stock market; 183of them recorded gains and 107 sustained losses, whereas the share price of 31 companies remained unchanged.
The three top-trading companies were WorldCall Telecom with 16,777,021 shares at Rs.1.16 per share; Sui North Gas with 9,750,118 shares at Rs.43.38 per share and Pak Petroleum with 9,434,106 shares at Rs.61.57 per share.
Mari Petroleum witnessed a maximum increase of Rs.31.25 per share price, closing at Rs.1,554.17, whereas the runner-up was Colgate Palm with an Rs.28.87 rise in its per share price to Rs.1,528.87.
Bata (Pak) witnessed a maximum decrease of Rs.63.50 per share closing at Rs.1,630.50; followed by Nestle Pakistan with Rs.50.02 decline to close at Rs.6,489.98.
Meanwhile Pakistani rupee witnessed 52 paisas devaluation against the US Dollar (USD) in the interbank trading on Monday as it closed at Rs286.19 against the previous day’s closing of Rs285.67.
However, according to the Forex Association of Pakistan (FAP), the buying and selling rates of dollars in the open market stood at Rs305 and Rs308, respectively.
The price of the Euro increased by Rs1.43 to close at Rs 306.10 against the last day’s closing of Rs307.53, according to the State Bank of Pakistan (SBP).
The Japanese Yen came down by 01 paisa and closed at Rs2.04, whereas a decrease of Rs2.76 was witnessed in the exchange rate of the British Pound, which traded at Rs355.10 as compared to its last day’s closing of Rs357.86.
The exchange rate of the Emirates Dirham and the Saudi Riyal increased by 14 paisas each to close at Rs 77.91 and Rs76.30 respectively.
