The 100-index of the Pakistan Stock Exchange (PSX) gained 4.49 percent on Tuesday, showing a nominal positive change of 0.01 percent, closing at 60,464.24 points against 60,459.75 points the previous trading day.
A total of 364,443,122 shares valuing Rs 10.928 billion were traded during the day as compared to 261,799,826 shares valuing Rs 9.907 billion the last day.
Some 349 companies transacted their shares in the stock market; 174 of them recorded gains and 155 sustained losses, whereas the share prices of 20 remained unchanged.
The three top trading companies were Bank of Punjab with 117,022,297 shares at Rs 6.27 per share, PIAC(A) with 19,289,500 shares at Rs 11.10 per share, and K-Electric Limited with 19,168,663 shares at Rs 4.26 per share.
Pakistan Tobacco Company Limited witnessed a maximum increase of Rs 49.16 per share price, closing at Rs 1,030.00, whereas the runner-up was Indus Ismail Industries Limited with a Rs 45.00 rise in its per share price to Rs 1,200.00. Unilever Pakistan Foods Limited witnessed a maximum decrease of Rs 490.00 per share closing at Rs 21,800.00, followed by Sapphire Textile Mills Limited with Rs 124.00 decline to close at Rs 1,600.00. Meanwhile Rupee on Tuesday weakened by 26 paisa against the US dollar in the interbank trading and closed at Rs279.56 against the previous day’s closing of Rs279.35.
However, according to the Forex Association of Pakistan (FAP), the buying and selling rates of the dollar in the open market stood at Rs279.7 and Rs282.25, respectively. The price of the Euro decreased by 03 paisa to close at Rs301.24 against the last day’s closing of Rs301.27, according to the State Bank of Pakistan (SBP).
The Japanese Yen lost 01 paisa to close at Rs1.85, whereas a decrease of 76 pasia was witnessed in the exchange rate of the British Pound, which was traded at Rs351.94 compared to the last closing of Rs352.70.
The exchange rates of the Emirates Dirham and the Saudi Riyal increased by 05 paisa and 06 paisa to close at Rs76.11 and Rs74.54 respectively.
