PSX gains 1,700 points to close at 46,144 points

PSX gains 1,700 points to close at 46,144 points

ISLAMABAD (APP): The KSE 100-index of the Pakistan Stock Exchange (PSX) witnessed bullish trend on Monday, gaining 1,700.38 points, with a positive change of 3.83 percent, closing at 46,144.96 points against 44,444.58 points on the last working day.
A total of 557,672,451 shares were traded during the day compared to the trade of 227,885,722 shares the previous day whereas the price of shares stood at Rs13.362 billion against Rs6.785 billion on last trading day.
As many as 386 companies transacted shares in the stock market, 330 of them recorded gain and 45 sustained losses, whereas the share price of 11 companies remained unchanged.
The three top trading companies were WorldCall Telecom with a volume of 140,797,500 shares and price per share of Rs2.13, Cnergyico PK with a volume of 40,149,171 and price per share of Rs6.00 and Fauji Cement with volume of 18,176,500 and price per share of Rs17.86.
Bata (Pak) witnessed a maximum increase of Rs145.19 per share, closing at Rs2,484.39 whereas the runner up was Rafhan Maize, the share prices of which climbed up by Rs100 to Rs11,500.
Gatron Ind witnessed maximum decrease of Rs30.23 closing at Rs471.67 followed by Mithchells Fruit, the share price of which declined by Rs9.21 to close at Rs118.82.
Rupee recovers Rs 1.76 against dollar
Exchange rate of Pak rupee recovered by Rs1.76 against the US dollar in the interbank trading on Monday and closed at Rs182.92 against the previous day’s closing of Rs184.68.
According to the Forex Association of Pakistan (FAP), the buying and selling rates of dollar in the open market were recorded at Rs185 and Rs186.6 respectively.
Similarly, the price of the euro was depreciated by Rs1.29 and closed at Rs199.47 against the previous day’s closing of Rs 200.76.
The Japanese Yen lost two paisas to close at Rs1.46, whereas a decrease of Rs2.54 was witnessed in the exchange rate of British Pound, which was traded at Rs238.11 as compared to its last closing of Rs240.65.
The exchange rates of Emirates Dirham and Saudi Riyal decreased by 47 paisas to close at Rs49.80 and Rs48.77 respectively.

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