According to market sources, on the last day of the business week, the dollar touched Rs 159.30 on the interbank market. It may be recalled that the US dollar continued to depreciate in the local currency markets, with the US dollar depreciating by another 30 paise to Rs 159.50 in the interbank market on Thursday and by 20 paise to Rs 159.70 in the open market. According to the Office of Pakistan, the dollar depreciated further by 30 paise against the rupee in the interbank market yesterday, bringing down the buying price of the dollar from Rs 159.70 to Rs 159.40 and the selling price from Rs 159.80 to Rs 159.50. In the local open currency market, the dollar depreciated by 20 paise to Rs 159.40 from Rs 159.60 and Rs 159.70 from Rs 159.90. In other currencies, the buying price of Euro increased by Rs 1.50 from Rs 185 to Rs 186.50 and the selling price increased from Rs 187 to Rs 188.30, while the buying price of British Pound increased by Rs 1.50 from Rs 205 to Rs 206.50 and the selling price increased from Rs 207 to Rs 208.50. Done.
The Pakistan Stock Exchange (PSE) witnessed a sharp rise on Thursday, as a result of which the KSE 100 Index's psychological level of 41,000 was restored and investors' interest in buying shares of profitable companies increased the share prices of 73% companies. As a result, the market's investment value increased by Rs. Investors openly bought shares as the situation in the US election became clearer and as a result, the KSE-100 index was restored to 41,000 during trading. The bullish trend continued till the end. At the end of the day, the KSE-100 Index closed at 41071.30 points, up 789.34 points, while the KSE-30 Index rose by 377.27 points to 17243.24 points and the KSE All Shares Index rose by 428.63 points to close at 28848.63 points. Of the 400 companies traded, 292 companies saw an increase in their share prices, 86 saw a decrease in their share price and 22 companies saw a stabilization in their share price. Shares of Nestle Pakistan rose by Rs 138.69 to Rs 6,350 and Rafhan Meez rose by Rs 71.50 to Rs 8,599, while Sap Higher Tax fell by Rs 36.50 to Rs 850.01 and Ismail Industries fell by Rs 34.65 to Rs 427.35.
In the local barter markets, gold rose by Rs 1,000 to Rs 114,600 per tola. According to the All Sindh Barter and Jewelers Association, the price of gold rose by $ 27 per ounce to 19 1,918 in the global market yesterday. With the increase of Rs. 1 lakh 14 thousand 600, the price of 10 grams of gold increased by Rs. 857 to Rs. 98 thousand 251. The price of silver rose by Rs 20 per tola to Rs 1,220.
