The 100-index of the Pakistan Stock Exchange witnessed bearish trend on Tuesday and shed 708.19, showing negative change of 1.49 percent, closing at 46,770.42 points against 47,478.61 points the previous trading day.
A total of 217,852,268 shares were traded during the day as compared to 184,138,134 shares, whereas the trading value of shares was recorded at Rs 8.280 billion against Rs 6.465 billion on the last trading day.
As many as 328 companies transacted their shares in the stock market; 62 of them recorded gains and 244 sustained losses, whereas the share price of 22 companies remained unchanged.
The three top-trading companies were WorldCall Telecom with 27,409,040 shares at Rs 1.20 per share; K-Electric Ltd with 14,731,834 shares at Rs 2.00 per share and Dewan Motors with 9,549,974 shares at Rs 16.32 per share.
Sanofi-Aventis witnessed a maximum increase of Rs 48.00 per share price, closing at Rs 759.00, whereas the runner-up was Al-Abbas Sugar with Rs 17.99 rise in its per share price to Rs 517.99.
Rafhan Maize XD witnessed a maximum decrease of Rs 45.00 per share closing at Rs 8255.00; followed by Systems Limited with Rs 34.44 decline to close at Rs 430.89.
Meanwhile Exchange rate of Pakistan rupee weakened by Rs 1.06 against the United States dollar in the interbank trading on Tuesday and closed at Rs 303.05 against the previous day’s closing of Rs 301.99.
However, according to the Forex Association of Pakistan (FAP), the buying and selling rates of the dollar in the open market stood at Rs 319.5 and Rs 322.5 respectively.
The price of the Euro increased by Rs 1.41 paisa to close at Rs 327.56 against the last day’s closing of Rs 326.15, according to the State Bank of Pakistan (SBP).
The Japanese Yen remained unchanged and stood at Rs 2.06, whereas an increase of Rs 2.43 was witnessed in the exchange rate of the British Pound, which traded at Rs 382.10 as compared to the last closing of Rs 379.67.
The exchange rates of the Emirates Dirham and the Saudi Riyal increased by 29 paisa each to close at Rs 82.51 and Rs 80.78 respectively.
