Pakistan Stock Exchange loses 67.87 points
Pakistani Rupee on Friday strengthen by 17 paisas against the US Dollar (USD) in the interbank trading as it closed at Rs 287.19 against the previous day’s closing of Rs 287.36.
However, according to the Forex Association of Pakistan (FAP), the buying and selling rates of dollars in the open market stood at Rs 294 and Rs 297 respectively.
The price of the Euro went up by Rs 3.03 to close at Rs 314.21 against the last day’s closing of Rs 311.18, according to the State Bank of Pakistan (SBP).
The Japanese Yen remain unchanged to close at Rs 2.03, whereas an increase of Rs 3.57 was witnessed in the exchange rate of the British Pound, which traded at Rs 367.26 as compared to its last day’s closing of Rs 363.69.
The exchange rates of the Emirates Dirham and the Saudi Riyal depreciated by 4 paisas and 5 pasias to close at Rs 78.19 and Rs 76.57 respectively.
Meanwhile the 100-index of the Pakistan Stock Exchange shed 67.87 points on Friday, a negative change of 0.16 per cent, closing at 41,301.30 points against 41,369.17 points the previous day.
A total of 156,023,085 shares were traded during the day as compared to 149,676,270 shares the previous day, whereas the price of shares stood at Rs.3.746 billion against Rs.3.606 billion on the last trading day.
As many as 323 companies transacted their shares in the stock market; 108 of them recorded gains and 183 sustained losses, whereas the share price of 32 companies remained unchanged.
The three top-trading companies were TPL Properties with 24,009,338 shares at Rs.13.53 per share; K-Electric Ltd. with 17,821,031 shares at Rs.1.64 per share and Hascol Petrol with 16,293,500 shares at Rs.5.84 per share.
