PSX up by 126.08 points to close at 42,633.02 points ::: Rupee remains stable against dollar in interbank market - The News Cloud Online

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Saturday, 25 January 2020

PSX up by 126.08 points to close at 42,633.02 points ::: Rupee remains stable against dollar in interbank market



KARACHI (Dunya News) – Pakistan Stock Exchange (PSX) on Friday witnessed bullish trend as KSE-100 index closed at 42,633.02 points as compared to 42,506.94 points on the last working day with the positive change of 126.08 points (0.30 %).

A total of 173,043,120 shares were traded compared to the trade 230,827,150 shares during the previous day, whereas the value of shares traded during the day stood at Rs6.726 billion as compared to Rs9.773 billion during last trading day.

Total 350 companies transacted shares in the Stock Market today, out of which 178 recorded gain and 152 sustained losses whereas the share price of 20 companies remained unchanged.

The three top traded companies were, Maple Leaf with a volume of 17,689,000 shares and price per share of Rs23.54, AL-Shaheer(R) with a volume of 14,028,000 and price per share of Rs3.32 and Hascol petrol with a volume of 13,934,000 and price per share of Rs22.90.

Sapphire Fiber recorded the maximum increase of Rs29.56 per share, closing at Rs784.57 while Mehmood Tex. was runner up with the increase of Rs24 per share, closing at Rs763.

Philip Morris Pak. recorded maximum decrease of Rs119.50 per share, closing at Rs2337.50 whereas Shifa Int. Hosp decreases Rs16.40 per share closing at Rs288.45.

https://dunyanews.tv/en/Business/529516-PSX-up-by-126.08-points-to-close-at-42,633.02-points-

KARACHI: The Pakistani rupee remained stable against the US dollar in the interbank currency market during the outgoing week, ARY News reported on Saturday.

According to a weekly report, the local currency settled at 154.56 against the greenback.

However, the rupee ended slightly weaker against the dollar in the open market, finishing at 155 against the last week’s closing of 154.80.

Read More: Pakistan Stock Exchange lost 534 points during weekly trading

It is to mention here that the State Bank of Pakistan (SBP) on Jan 24 reported an increase of $146 million in its reserves.

The foreign exchange reserves held by the central bank increased by $146 million to $11.73 billion during the week ending January 17, according to the data.

The total liquid foreign reserves held by the country stood at $18,271 million on 17th of this month.

Foreign reserves held by the State Bank of Pakistan stood at $11,731.5 million, while net foreign reserves held by commercial banks at $6,539.5 million.

https://arynews.tv/en/rupee-remains-stable-against-dollar-interbank-market/

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