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PSX records Rs1.8tr turnover in FY2019-20

PSX records Rs1.8tr turnover in FY2019-20

KARACHI: The Pakistan Stock Exchange (PSX) recorded almost Rs1.8 trillion in turnover during the fiscal year 2019-2020 (FY19-20), according to a performance report released Tuesday.

Its benchmark KSE-100 Index gained 520 points to close the year at 34,421 points and remained in the band of 16,421 points. The index shot up to 43,468 points at its highest point and dipped to 27,046 points at its lowest.

Some 48 billion shares were traded at the stock exchange during FY19-20, with the market recording a turnover of Rs1.781 trillion.

In FY19-20, market capitalisation slipped Rs357 billion to close at Rs6.529 trillion.

On the other hand, the closing price of the US dollar in FY19-20 was Rs168.05, indicating that the greenback ended up Rs7.99 pricier. Its highest and lowest points were Rs168.18 and Rs154.16, respectively.

The value of the dollar remained in the band of Rs14.01.