PSX 100-index gains 191 points

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Rupee sheds 22 paisa against dollar

The 100-index of the Pakistan Stock Exchange (PSX) on Friday continued with bullish trend, gaining 191.68 points, a positive change of 0.45 percent, closing at 43,092.95 against 42,901.27 points on the last working day.

A total of 232,788,982 shares were traded during the day as compared to 293,900,713 shares the previous day, whereas the price of shares stood at Rs 7.625 billion against Rs 10.212 billion on the last trading day.

Pakistani Rupee on Friday depreciated by 22 paisa against the US dollar in the interbank trading to close at Rs 221.64 against the previous day’s closing of Rs 221.42.

According to the Forex Association of Pakistan (FAP), the buying and selling rates of the US dollar in the open market were recorded at Rs 225.5 and Rs 227.75 respectively.

The price of the Euro against the rupee increased by Rs 5.20 to close at Rs 226.89 against the previous close of Rs 221.69.

The Japanese Yen increased by 05 paisa to close at Rs 1.56, whereas an increase of Rs 7.52 was witnessed in the exchange rate of the British Pound, which was traded at Rs 260.03 as compared to its last day’s closing of Rs 252.48.

The exchange rates of the Emirates Dirham increased by 06 paisa to close at Rs 60.34 and Saudi Riyal by Rs 08 paisa to close at Rs 58.96.

 

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