On Monday, The benchmark index of the Pakistan Stock Exchange (PSX) has grown at an annualised rate of almost 14 per cent since its inception 30 years ago, according to a research report issued by Topline Securities.
This means that anyone who held for 30 years a portfolio mirroring the KSE-100 index would have turned an initial investment of Rs1,000 into Rs47,000 by the end of 2020-21 a gain of 47 times.
In dollar terms, the annualised return has been 7pc over the last 30 years. This means a $1,000 investment in line with the KSE-100 index would have grown more than seven times to $7,273 even after adjusting for currency depreciation.
