Categories: Business

PSX loses 61 points to close at 46,539 points

ISLAMABAD (APP): The KSE 100-index of the Pakistan Stock Exchange (PSX) shed 61.95 points on Monday, with a slight negative change of 0.13 percent, closing at 46,539.59 points against 46,601.54 points on the last working day.
A total of 255,608,677 shares were traded during the day compared to the trade of 365,789,899 shares the previous day whereas the price of shares stood at Rs 9.644 billion against Rs9.130 billion on last trading day.
As many as 336 companies transacted shares in the stock market, 107 of them recorded gain and 199 sustained losses, whereas the share price of 30 companies remained unchanged.
The three top trading companies were G3 Technologies with a volume of 21,233,000 shares and price per share of Rs 11.70, Cnergyico Pk with a volume of 17,787,449 and price per share of Rs6.49 and WorldCall Telecom with volume of 15,457,500 and price per share of Rs1.85.
Rafhan MaizeXD witnessed a maximum increase of Rs 100 per share, closing at Rs 11,450 whereas the runner up was Colgate Palm, the share prices of which climbed up by Rs 27.77 to Rs 2,250.
Sapphire Fiber witnessed maximum decrease of Rs 58.78 closing at Rs901 followed by Gatron Ind, the share price of which declined by Rs32.49 to close at Rs 462.50.
Rupee sheds 99 paisas against dollar
Exchange rate of Pak Rupee weakened by 99 paisas against the US Dollar in the interbank trading on Monday and closed at Rs182.54 against the previous day’s closing of Rs181.55.
According to the Forex Association of Pakistan, the buying and selling rates of Dollar in the open market were recorded at Rs180.5 and Rs182 respectively.
The price of Euro also appreciated by 86 paisas and closed at Rs 197.07 against the previous day’s closing of Rs 196.21.
The Japanese Yen gained one paisa to close at Rs 1.44, whereas an increase of 49 paisas was witnessed in the exchange rate of British Pound, which was traded at Rs 237.59 as compared to its last closing of Rs 237.10.
The exchange rates of Emirates Dirham and Saudi Riyal increased by 27 paisas to close at Rs 49.69 and Rs 48.67 respectively.

The Frontier Post

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