ISLAMABAD (APP): The KSE 100-index of the Pakistan Stock Exchange (PSX) witnessed bearish trend on Thursday, losing 256 points, a negative change of 0.56 points, closing at 45,862.93 points against 46,119.15 points on the last working day.
A total of 328,008,699 shares, valuing Rs10.509, were traded during the day compared to the trade of 360,805,181 shares worth Rs10.939, the previous day.
As many as 369 companies transacted shares in the stock market, 133 of them recorded gain and 207 sustained losses, whereas the share price of 29 companies remained unchanged.
The three top trading companies were WorldCall Telecom with a volume of 32,820,000 shares and price per share of Rs2.33, Telecard LImited with a volume of 20,302,000 and price per share of Rs17.45 and Ghani Glo Hol with volume of 16,802,000 and price per share of Rs22.24.
Bata (Pak) XD witnessed a maximum increase of Rs50 per share, closing at Rs2050 whereas the runner up was Sapphire Fiber the share prices of which climbed up by Rs49.87 to Rs881.45.
Pak Services witnessed maximum decrease of Rs131.84 closing at Rs1626.06 followed by Siemens Pak, the share price of which declined by Rs33.88 to close at Rs605.07.
Rupee strengthens by 90 paisas against dollar
The exchange rate of Pakistani rupee strengthened by 90 paisas against the US dollar in the interbank trading on Thursday and closed at Rs 175.51 against the previous day’s closing of Rs 176.41.
According to Forex Association of Pakistan (FAP), the buying and selling rates of dollar in the open market recorded at Rs 175.8 and Rs 177.3, respectively.
Similarly, the price of euro depreciated by 90 paisas and closed at Rs 198.21 against the previous day’s closing at Rs 199.11.
The Japanese Yen remained unchanged to close at Rs 1.53, whereas a decrease of 96 paisas was witnessed in the exchange rate of British Pound, which was traded at Rs 237.88 as compared to its last closing at Rs 238.84.
The exchange rates of Emirates Dirham and Saudi Riyal decreased by 25 paisas to close at Rs 47.78 and Rs 46.78 respectively.
Gold price declines by Rs700 to Rs124,300 per tola
ISLAMABAD (APP): The price of 24 karat per tola gold witnessed a decrease of Rs700 and was sold at Rs124,300 on Thursday against its sale at Rs125,000 in the local market the previous day.
The price of 10 gram 24 karat gold also decreased by Rs600 to Rs 106,567 from Rs107,167 whereas that of 10 gram 22 karat went down to Rs 97,687 from Rs98,237, the All Sindh Sarafa Jewellers Association reported.
The price of per tola and 10 gram silver remained constant at Rs1,450 and Rs1,243.14 respectively.
The price of gold in international market remained unchanged at US$1803, the association reported.
