PSX gains 447 points to close at 78,987

ISLAMABAD (APP) - The 100-index of the Pakistan Stock Exchange (PSX) witnessed bullish trend on Tuesday, gaining 447.90 points, a positive change of 0.57 percent, closing at 78,987.09 points against 78,539.19 points on the last working day.

A total of 316,245,462 shares were traded during the day as compared to 375,599,184 shares the previous day, whereas the price of shares stood at Rs 17.074 billion against Rs 19.350 billion on the last trading day.

As many as 433 companies transacted their shares in the stock market, 225 of them recorded gains and 164 sustained losses, whereas the share price of 44 companies remained unchanged.

Rupee sheds 10 paisa against dollar

Pakistani rupee depreciated by 10 paisa against the US dollar in the interbank trading and closed at Rs 278.40 against the previous day’s closing of Rs 278.30.

The buying and selling rates of the dollar in the open market stood at Rs 278.5 and Rs 280 respectively. The price of Euro came down by 22 paisa to close at Rs 302.79 against the last day’s closing of Rs 303.01, according to the State Bank of Pakistan (SBP).

The Japanese yen gained 01 paisa and closed at Rs1.78, whereas a decrease of 01 paisa was witnessed in the exchange rate of the British Pound, which traded at Rs359.63 as compared to the last day’s closing of Rs359.64. The exchange rate of the Emirates Dirham and the Saudi Riyal increased by 03 paisa each to close at Rs75.79 and Rs74.22 respectively.