Saturday, 31 August 2013 00:00
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Reuters: Stocks gained for a second straight session on Friday, but concerns over a depreciating rupee capped the upside and trimmed the trading volume, stockbrokers said. The main share index gained 0.15%, or 8.98 points, to 5,834.04.
The rupee hit an all-time low on Wednesday amid panic buying by importers. It recovered on both Thursday and Friday. Foreign investors were net buyers of Rs. 66.35 million worth of shares, extending net inflows so far this year to Rs. 18.54 billion worth of shares.
Turnover was Rs. 352.8 million, well below this year’s daily average of about Rs. 906.5 million.
