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PSX – 100 index loses 42 points

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The 100-index of Pakistan Stock Exchange (PSX) shed 42.89 points on Tuesday, a nominal negative change of 0.08 per cent, closing at 51,027.94 points against 51,070.83 points the previous day.

A total of 321,403,857 shares valuing Rs 11.091 billion were traded during the day as compared to 364,070,705 shares valuing Rs 15.930 billion the previous day.

As many as 342 companies transacted their shares in the stock market; 143 of them recorded gains and 171 sustained losses, whereas the share price of 28 companies remained unchanged.

The three top-trading companies were Pak Refinery with 33,555,439 shares at Rs 18.64 per share, Fauji Foods Ltd with 29,104,963 shares at Rs.6.98 per share and Bankislami Pak with 15,533,332 shares at Rs19.19 per share.
Meanwhile The Pakistani rupee recorded a marginal loss to the US dollar as it depreciated 0.6% in the interbank trading on Tuesday.

According to the forex dealers, the local currency dropped by 13 paisas against the greenback and was currently being traded at Rs279.25.

On Monday, the Pakistani rupee had also ended down 0.11% against the US dollar, settling at Rs279.12, losing 32 paisas.

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