Pakistani Rupee on Friday was strengthened by 24 paisa against the US Dollar in the interbank trading as it closed at Rs 286.96 against the previous day’s closing of Rs 287.20.
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 292.5 respectively.
The price of the Euro increased by 45 paisa to close at Rs 313.98 against the last day’s closing of Rs 313.53, according to the State Bank of Pakistan (SBP).
The Japanese Yen gained 01 paisa to close at Rs 2.01, whereas no change was witnessed in the exchange rate of the British Pound, which traded at Rs 364.53.
The exchange rates of the Emirates Dirham and the Saudi Riyal decreased by 06 paisa each to close at Rs 78.12 and Rs 76.48 respectively.
Meanwhile the Pakistan Stock Exchange on Friday shed 25.46 points, a nominal negative change of 0.05 percent, closing at 48,585.72 points against 48,611.18 points the previous trading day.
A total of 331,132,473 shares were traded during the day as compared to 526,039,924 shares the previous day, whereas the price of shares stood at Rs 12.500 billion against Rs 19.032 billion on the last trading day.
As many as 337 companies transacted their shares in the stock market; 130 of them recorded gains and 184 sustained losses, whereas the share price of 23 companies remained unchanged.
The three top-trading companies were Cnergyico PK with 66,505,989 shares at Rs 3.95 per share; Oil and Gas Dev with 27,995,429 shares at Rs.107.66 per share and Pak Refinery with 25,888,166 shares at Rs 18.58 per share.
Unilever Foods witnessed a maximum increase of Rs 150.00 per share price, closing at Rs24,000.00 whereas the runner-up was Khyber Textile with an Rs 60.57 rise in its per share price to Rs 894.00.
Al-Abbas Sugar XD witnessed a maximum decrease of Rs 37.90 per share closing at Rs 472.10, followed by Mari Petroleum with Rs 19.16 decline to close at Rs 1,640.01.
