PSX witnesses bearish trend, losses 908.60 points

ISLAMABAD (APP) - The 100-index of the Pakistan Stock Exchange (PSX) witnessed bearish trend on Tuesday, losing 908.60 points, a negative change of 1.20 per cent, closing at 74,666.66 points against 75,575.26 points the previous day.

A total of 414,479,234 shares valuing Rs 18.311 billion were traded during the day as compared to 441,261,756 shares valuing Rs 18.364 billion the previous day. As many as 451 companies transacted their shares in the stock market; 99 of them recorded gains and 279 sustained losses, whereas the share price of 73 companies remained unchanged.

Rupee gains 07 paisa against dollar

The Pakistan rupee gained 07 paisa against US dollar in the interbank trading and closed at Rs 278.29 against the previous day’s closing at Rs 278.36. 

According to the Forex Association of Pakistan (FAP), the buying and selling rates of the Dollar in the open market, however, were Rs 277.25 and Rs 279.9 respectively.