The 100-index of the Pakistan Stock Exchange continued with bullish trend on Thursday, gaining 743.27 points, a positive change of 1.78 percent, closing at 42,466.59 points against 41,723.32 points the previous day.
A total of 367,356,809 shares were traded during the day as compared to 297,773,210 shares the previous day, whereas the price of shares stood at Rs.13.590 billion against Rs.12.072 billion on the last trading day.
As many as 352 companies transacted their shares in the stock market; 243 of them recorded gains and 86 sustained losses, whereas the share price of 23 companies remained unchanged.
The three top-trading companies were WorldCall Telecom with 35,163,820 shares at Rs 1.34 per share Hascol Petrol with 25,253,500 shares at Rs 6.23 per share, and Oil and Gas Dev. with 18,217,949 shares at Rs 105.95 per share.
Nestle Pakistan witnessed a maximum increase of Rs.219.99 per share price, closing at Rs.5,534.99, whereas the runner-up was Goodluck Ind. with a Rs 55.64 rise in its per share price to Rs.797.55.
Sapphire Fiber witnessed a maximum decrease of Rs 44.00 per share closing at Rs.1,056.00; followed by Sapphire Tex with Rs 31.73 decline to close at Rs 955.00. Meanwhile the exchange rate of the Pakistani rupee strengthened by Rs 2.82 against the US dollar in the interbank trading on Thursday and closed at Rs 270.50 against the previous day’s closing of Rs 273.32.
According to the Forex Association of Pakistan (FAP), the buying and selling rates of dollar in the open market were recorded at Rs. 272 and Rs. 276 respectively.
The price of the euro depreciated by Rs 3.52 and closed at Rs 290.41 against the previous day’s closing of Rs 293.92, according to the State Bank of Pakistan (SBP).
The Japanese yen lost two paisa to close at Rs 2.06, whereas a decrease of Rs 3.41 was witnessed in the exchange rate of the British pound, which was traded at Rs 327.20 as compared to its last closing of Rs 330.61.
The exchange rates of the Emirates dirham and Saudi riyal decreased by 77 paisa each to close at Rs 73.64 and Rs 72.08 respectively.
