Pakistani Rupee on Thursday gained 24 paisas against the US Dollar (USD) in the interbank trading as it closed at Rs 286.73 against the previous day’s closing of Rs 286.97.
However, according to the Forex Association of Pakistan (FAP), the buying and selling rates of dollars in the open market stood at Rs 289.5 and Rs 292 respectively.
The price of the Euro went up by Rs 1.54 to close at Rs 315.17 against the last day’s closing of Rs 313.63, according to the State Bank of Pakistan (SBP).
The Japanese Yen lost one paisa to close at Rs 2.01, whereas an increase of Rs 0.91 was witnessed in the exchange rate of the British Pound, which traded at Rs 366.04 as compared to its last day’s closing of Rs 365.13.
The exchange rates of the Emirates Dirham and the Saudi Riyal depreciated by 07 paisas each to close at Rs 78.06 and Rs 76.43 respectively.
Meanwhile the 100-index of the Pakistan Stock Exchange (PSX) shed 68.75 points on Thursday, a slight negative change of 0.17 per cent, closing at 40,152.05 points against 40,220.80 points the previous day.
A total of 116,478,645 shares were traded during the day as compared to 97,020,043 shares the previous day, whereas the price of shares stood at Rs.2.560 billion against Rs. 3.572 billion on the last trading day.
As many as 309 companies transacted their shares in the stock market; 106 of them recorded gains and 169 sustained losses, whereas the share price of 34 companies remained unchanged.
The three top-trading companies were K-Electric Ltd with 27,046,841 shares at Rs.1.68 per share; WorldCall Telecom with 25,455,644 shares at Rs.1.12 per share and Bank of Punjab with 3,297,500 shares at Rs.3.30 per share.
Unilever Foods witnessed a maximum increase of Rs.1,450.90 per share price, closing at Rs.23,449.90, whereas the runner-up was Mehmood Tex with an Rs.28.85 rise in its per share price to Rs.648.85.
Nestle Pakistan witnessed a maximum decrease of Rs.202.50 per share closing at Rs.6,447.50; followed by Bata (Pak) with Rs.57.00 decline to close at Rs.1,693.00.
