Pakistan Stock Exchange loses 80 points, closes at 71,971 points

ISLAMABAD (APP) - The 100-Index of Pakistan Stock Exchange (PSX) on Thursday shed 80.49 points, a negative change of 0.11 percent, closing at 71,971.40 points against 72,051.89 points the previous trading day.

A total of 798,527,177 shares valuing Rs.27.542 billion were traded during the day as compared to 599,401,643 shares valuing Rs 24.459 billion the last day. 

Some 389 companies transacted their shares in the stock market, 173 of them recorded gains and 191 sustained losses, whereas the share prices of 25 remained unchanged.

Gold rates up by Rs500 per tola to Rs242,500

The per tola price of 24 karat gold increased by Rs500 and was sold at Rs242,500 compared to its sale at Rs242,000 on last trading day.

The price of 10 grams of 24 karat gold also increased by Rs429 to Rs207,905 from Rs207,476 whereas the prices of 10 gram 22 karat gold went up to Rs190,580 from Rs190,186.

The price of per tola and 10 gram silver remained stagnant at Rs2,650 and Rs2,271.94 respectively. The price of gold in the international market increased by US$2 to US$2,322 from US$2,320.

Rupee sheds 09 paisa against dollar

Pakistani rupee depreciated by 09 paisa against the US dollar in the interbank trading and closed at Rs 278.48 against the previous day’s closing of Rs278.39. The buying and selling rates of the dollar in the open market stood at Rs 277.7 and Rs 280 respectively.

The price of the Euro decreased by Rs1.10 to close at Rs 298.67 against the last-day closing of Rs 297.57. The Japanese Yen came down by 01 paisa to close at Rs1.78, whereas an increase of Rs2.40 was witnessed in the exchange rate of the British Pound, which was traded at Rs348.41 compared to the last closing of Rs346.01. The Emirates Dirham and the Saudi Riyal increased by 03 and 02 paisa to close at Rs75.82 and Rs74.24 respectively.