Pakistan Stock Exchange closes at 40,574 points
ISLAMABAD: The Pakistan Stock Exchange (PSX) Wednesday noted bullish trend as KSE 100 index closed at 40,574 points as compared to 40,276 points on the last working day with the positive change of 399.7 points (0.98%).
A total of 109,559,610 shares were traded compared to the trade 99,965,470 shares during the previous day, whereas the value of shares traded during the day stood at Rs 5.78 billion as compared to Rs 4.378 billion during last trading day.
Total 340 companies’ transacted shares in the Stock Market on Wednesday, out of which 210 recorded gain and 105 sustained losses whereas the share price of 25 companies remained unchanged.
The three top traded companies were, Unity Foods Ltd with a volume of 21,639,500 shares and price per share of Rs 14.63, HASCOL with a volume of 10,083,500 and price per share of Rs 23.13 and DGK Cement with a volume of 9,509,000 and price per share of Rs 69.46.
Kohinoor Power Company Limited recorded the maximum increase in percentage of 16.28 percent to close at Rs 2.00 while J.A. Textiles Mills Limited was runner-up with the increase of Rs 0.55(15.67) per share, closing at Rs 4.06.
Rupee loses 03 paisa against dollar in interbank trading
The exchange rate of Pakistani rupee against US dollar decreased by 03 paisa to close at Rs154.26 on Wednesday against the last day’s trading of Rs154.23, State Bank of Pakistan (SBP) reported.
In the open market, the buying and selling rates of Pakistani rupee against dollar stood at Rs154.1 and Rs154.6 respectively.
The SBP further reported that in the interbank, the price of Euro depreciated by 38 paisa and traded at Rs166.64 against the last day’s closing of Rs167.02.
The exchange rate of Japanese yen lost 01 paisa to close at Rs1.39 whereas and decrease of 09 paisa was witnessed in the exchange rate of British Pound which was traded at Rs200.34 as compared to the last day’s closing of Rs. 200.43.
The exchange rate of UAE Dirham and Saudi Riyal increased by 01 paisa each to close at Rs41.99 and Rs41.13 respectively. – APP