Rupee gets 01 paisa against dollar
The 100-index of the Pakistan Stock Exchange (PSX) witnessed a bullish trend on Wednesday, gaining 51.29 points, with a positive change of 0.13 per cent, closing at 40,499.34 against 40,448.05 points on the previous day. A total of 84,164,030 shares were traded during the day as compared to 67,536,928 shares the previous day, whereas the price of shares stood at Rs 3.628 billion against Rs 2.275 billion on the last trading day.
As many as 313 companies transacted their shares in the stock market; 174 of them recorded gains and 114 sustained losses, whereas the share price of 25 companies remained unchanged.
The three top-trading companies were Silk Bank Ltd. with 6,401,500 shares at Rs 1.10 per share, World Call Telecom with 5,130,785 shares at Rs 1.15 per share, and Engro Crop with 4,278,855 shares at Rs 292.00 per share.
Khyber Textile witnessed a maximum increase of Rs 41.75 per share price, closing at Rs 680.00, whereas the runner-up was Premium Tex. with a Rs 29.56 rise in its per share price to Rs 459.99.
Nestle Pakistan XD witnessed a maximum decrease of Rs 152.83 per share closing at Rs 5197.17, followed by Unilever Foods with a Rs 54.00 decline to close at Rs 18000.00.
Meanwhile, Pakistani rupee gained 01 paisa against the Dollar in the interbank trading on Wednesday and closed at Rs 283.89 against the previous day’s closing of Rs 283.90.
According to the Forex Association of Pakistan (FAP), the buying and selling rates of Dollars in the open market were recorded at Rs 287.5 and Rs 290, respectively.
The price of the Euro increased by 28 paisas to close at Rs 311.43 against the last day’s closing of Rs 311.15, according to the State Bank of Pakistan (SBP).
The Japanese Yen declined by 01 paisas and stood at Rs 2.10; whereas an increase of of Rs 1.45 was witnessed in the exchange rate of the British Pound, which traded at Rs 353.94 as compared to its last day’s closing of Rs 352.49.
The exchange rate of the Emirates Dirham and Saudi Riyal went down by 01 paisa and 02 paisas; closing at Rs77.30 and Rs 75.67, respectively.
