ISLAMABAD (APP): The 100-index of Pakistan Stock Exchange (PSX) continue with bullish trend on Monday, gaining 1,132.21 points, a positive change of 2.04 percent, closing at 56,523.58 points against 55,391.37 points the previous trading day.
A total of 660,649,520 shares valuing Rs22.409 billion were traded during the day as compared to 640,836,781 shares valuing Rs21.146 billion the previous day.
As many as 385 companies transacted their shares in the stock market; 220 of them recorded gains and 147 sustained losses, whereas the share price of 18 companies remained unchanged.
The three top-trading companies were WorldCall Telecom with 100,788,191 shares at Rs.1.37 per share, Cnergyico PK with 60,730,540 shares at Rs.4.70 per share and Hum Network with 32,478,500 shares at Rs.7.25 per share.
Rafhan Maize XD witnessed a maximum increase of Rs.594.75 per share price, closing at Rs.8,524.75, whereas the runner-up was Nestle PakistanXD with a Rs.547.50 rise in its per share price to Rs7,847.50.
Unilever Foods XD witnessed a maximum decrease of Rs.1,400.00 per share closing at Rs22,000.00, followed by Sapphire Fiber with a Rs.30.00 decline to close at Rs.1,200.00.
Rupee sheds 51 paisa against Dollar
Pakistani Rupee on Monday witnessed 51-paisa devaluation against US Dollar in the interbank trading and closed at Rs 287.54 against the previous day’s closing at Rs 287.03.
However, according to the Forex Association of Pakistan (FAP), the buying and selling rates of the Dollar in the open market stood at Rs 287 and Rs 289.5 respectively.
The price of the Euro increased by Rs 1.15 to close at Rs 307.41 against the last day’s closing of Rs 306.26, according to the State Bank of Pakistan.
The Japanese Yen remained unchanged and closed at Rs 1.89; whereas an increase of Rs 1.48 was witnessed in the exchange rate of the British Pound, which traded at Rs 352.00 as compared to the last closing of Rs 350.52.
The exchange rates of the Emirates Dirham and the Saudi Riyal increased by 14 paisa each to close at Rs 78.28 and Rs 76.66 respectively.
Gold rates up by Rs800 to Rs 211,800 per tola
The per tola price of 24 karat gold increased by Rs.800 and was sold at Rs 211,800 on Monday compared to its sale at Rs 211,000 on last trading day.
The price of 10 grams of 24 karat gold also increased by Rs 686 to Rs 181,584 from Rs 180,898 whereas the prices of 10 gram 22 karat gold went up to Rs 166,452 from Rs 165,824, the All Sindh Sarafa Jewellers Association reported.
The price of per tola and ten gram Silver remained stagnant at Rs 2,580 and 2,211.93 respectively.
The price of gold in the international market increased by $2 to $1960 from $1,958, the Association reported.
