Pakistan Stock Exchange turns bullish, gains 89 points

ISLAMABAD (APP) - The 100-index of the Pakistan Stock Exchange (PSX) on Tuesday turned around to bullish trend, gaining 89.94 points, a slight positive change of 0.13 percent, closing at 66,886.26 points against 66,796.32 points the previous trading day.

A total of 239,650,377 shares valuing Rs.8.940 billion were traded during the day as compared to 238,829,562 shares valuing Rs.8.365 billion the last day.

Some 342 companies transacted their shares in the stock market; 160 of them recorded gains and 153 sustained losses, whereas the share prices of 29 remained unchanged. In future market, as many as 309 companies traded shares in the market, out of which 130 recorded gains, 176 witnessed losses whereas share prices of three companies remained unchanged.

Rupee gains 10 paisa against dollar

Pakistani rupee gained 10 paisa against the US dollar in the interbank trading and closed at Rs277.83 against the previous day’s closing of Rs277.93. However, according to the Forex Association of Pakistan (FAP), the buying and selling rates of the dollar in the open market stood at Rs278.2 and Rs281.1 respectively.

The price of the Euro decreased by Rs1.33 to close at Rs298.42 against the last-day closing of Rs299.75. The Japanese Yen remained unchanged and closed at Rs1.83, whereas a decrease of Rs1.98 was witnessed in the exchange rate of the British Pound, which was traded at Rs348.76 compared to the last closing of Rs350.74.

The Emirates Dirham and the Saudi Riyal decreased by 03 paisa each to close at Rs 75.65 and Rs 74.07 respectively.