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PSX: Rupee’s depreciation lets bulls stay in the bourse on week’s 3rd trading day!

KARACHI: Specter of rising dollar helped KSE-100 Index close in the green (44,646 points) on the week’s third trading day with an augmentation of 0.76%.

Rs.9.11 billion worth of 207.1m shares were traded. Today’s top five traders of shares were Lotte Chemical, 16.49m shares (+2.78pc); TRG Pak,14.84m shares (+4.10pc); Sui Southern  Gas, 13.4m shares (+3.64pc); Unity Foods, 9.54m shares (+0.85pc); Nimir Resins: 9.48m shares (+2.31pc).

M M Alam

M. M. Alam is a Pakistan-based working journalist since 1981. Karachi University faculty gold medalist Alam began his career four decades ago by writing for Dawn, Pakistan’s highest circulating English daily. He has worked for region’s leading publications, global aviation periodicals including Rotors (of USA) and vetted New York Times as permanent employee of daily Express Tribune. Alam regularly covers international aviation and defense-related events including Salon Du Bourget (France), Farnborough (United Kingdom), Dubai (UAE). Alam has reported thousands of events and interviewed hundreds of people in Pakistan, UAE, EU, UK and USA. Being Francophone Alam also coordinates with a number of French publications.