” PSX turns bearish, loses 198 points ”

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ISLAMABAD (APP) – The 100-index of the Pakistan Stock Exchange (PSX) witnessed bearish trend on Tuesday, losing 198.94 points, a negative change of 0.25 percent, closing at 78,628.81 points against 78,827.74 points on the last working day.

A total of 313,085,457 shares were traded during the day as compared to 371,087,020 shares the previous day, whereas the price of shares stood at Rs 17.615 billion against Rs 19.156 billion on the last trading day.

As many as 447 companies transacted their shares in the stock market, 152 of them recorded gains and 239 sustained losses, whereas the share price of 56 companies remained unchanged.

Rupee sheds 15 paisa against dollar

Pakistani rupee depreciated by 15 paisa against the US dollar in the interbank trading and closed at Rs 278.65 against the previous day’s closing of Rs 278.50.

The buying and selling rates of the dollar in the open market stood at Rs 278.5 and Rs 280.06 respectively.

Gold rates dip by Rs400 per tola to Rs252,300

The price of per tola of 24 karat gold decreased by Rs400 and was sold at Rs252,300 on Tuesday against its sale at Rs252,700 on last trading day. The price of 10 grams of 24 karat gold also decreased by Rs344 to Rs216,306 from Rs216,650 whereas that of 10 gram 22 karat gold down to Rs198,281 from Rs198,595.

The price of per tola and ten gram silver remained unchanged at Rs.2,860 and Rs.2,451.98 respectively. The price of gold in the international market decreased by $2 to $2,388 from $2,390.

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