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PSX gains 252 more points, closes at 78,528 points

PSX gains 252 more points, closes at 78,528 points
June 27, 2024 Web Desk

ISLAMABAD (APP) - The 100-index of the Pakistan Stock Exchange (PSX) continued with bullish trend on Thursday, gaining 252.61 points, a positive change of 0.32 percent, closing at 78,528.25 points against 78,275.65 points on the last working day.

A total of 283,542,503 shares were traded during the day as compared to 469,756,007 shares the previous day, whereas the price of shares stood at Rs 11.067 billion against Rs 19.777 billion on the last trading day. Around 426 companies transacted their shares in the stock market, 211 of them recorded gains and 150 sustained losses, whereas the share price of 65 companies remained unchanged.

Gold rates up by Rs 400 per tola to Rs 241,000

The price of per tola of 24 karat gold increased by Rs 400 and was sold at Rs 241,000 against its sale at Rs 240,600 on last trading day. The price of 10 grams of 24 karat gold also increased by Rs 343 to Rs 206,619 from Rs 206,276 whereas that of 10 grams 22 karat gold went up to Rs 189,400 from Rs 189,086. The price of per tola and 10 grams silver remained constant at Rs 2,850 and Rs 2,443.41 respectively.

Rupee gains three paisa against dollar

Pakistan rupee gained three paisa against the US dollar in the interbank trading and closed at Rs 278.37 against the previous day’s closing at Rs 278.40.

The buying and selling rates of the dollar in the open market, however, were Rs 277.6 and Rs 280.50 respectively. The price of the Euro increased by Rs 0.31 to close at Rs 297.55 against the last day’s closing of Rs 297.24, according to the State Bank of Pakistan (SBP).

The Japanese Yen remained constant at Rs 1.73, whereas a decrease of Rs 0.35 was witnessed in the exchange rate of the British Pound, which was traded at Rs 351.67 as compared to the last day’s closing of Rs 352.03. The exchange rates of the Emirates Dirham went down by 1 paisa each to close at Rs 75.78 whereas that of Saudi Riyal remained constant at Rs 74.20.