Nestle Pakistan witnessed a maximum increase of Rs.94.99 per share price, closing at Rs.5,300.00
The 100-index of the Pakistan Stock Exchange (PSX) turned around to bullish trend on Thursday, gaining 113.56 points, a positive change of 0.28 percent, closing at 40,733.51 against 40,619.95 points the previous day.
A total of 124,087,701 shares were traded during the day as compared to 130,973,488 shares the previous day, whereas the price of shares stood at Rs 6.120 billion against Rs 5.877 billion on the last trading day.
As many as 328 companies transacted their shares in the stock market; 152 of them recorded gains and 146 sustained losses, whereas the share price of 30 companies remained unchanged.
The three top-trading companies were WorldCall Telecom with 20,606,814 shares at Rs.1.17 per share, Pak Petroleum with 12,289,269 shares at Rs 75.35 per share, and Dewan Motors with 6,197,500 shares at Rs.14.48 per share.
Nestle Pakistan witnessed a maximum increase of Rs.94.99 per share price, closing at Rs.5,300.00 whereas the runner-up was Mari Petroleum XD with a Rs.32.63 rise in its per share price to Rs1,454.35.
Pak Services witnessed a maximum decrease of Rs.157.13 per share closing at Rs 1,938.00 followed by Siemens Pak with Rs 47.64 decline to close at Rs.587.58.
Meanwhile the exchange rate of the Pakistani rupee depreciated by Rs 2.53 against the US dollar in the interbank trading on Thursday and closed at Rs 271.35 against the previous day’s closing of Rs 268.82.
According to the Forex Association of Pakistan (FAP), the buying and selling rates of dollar in the open market were recorded at Rs 269 and Rs 270.70 respectively.
The price of the euro appreciated by Rs 5.93 and closed at Rs 298.57 against the previous day’s closing of Rs 292.64, according to the State Bank of Pakistan (SBP).
The Japanese yen increased by 04 paisa to close at Rs 2.10, whereas an increase of Rs 4.70 was witnessed in the exchange rate of the British pound, which was traded at Rs. 335.85 as compared to its last closing of Rs. 331.15.
The exchange rates of the Emirates dirham and Saudi riyal increased by 66 paisa each to close at Rs 73.87 and Rs 72.30 respectively.
