Pakistan Stock Exchange (PSX)
Pakistan Stock Exchange (PSX)
Pakistan Stock Exchange (PSX)
The PSX was established on 11 January 2016 after the merger of the Karachi, Lahore and Islamabad stock
exchanges. PSX's origins were laid with the establishment of the Karachi Stock Exchange in 1947, the Lahore Stock
Exchange in 1970 and the Islamabad Stock Exchange in 1992. As of 26 July 2020 there were about 540 companies
listed in PSX and the total market capitalization was ₨7.07031 trillion (US$43 billion).
PAKISTAN STOCK EXCHANGE (PSX):
VISION:
To be a leading financial institution, offering efficient, fair and transparent securities market in the region and enjoying
full confidence of investors and listed securities issuers.
MISSION:
To strive to provide quality and value-added services to the capital market in an efficient, transparent and orderly
manner, compatible with international standards and best practices.
To provide state-of-the-art technology and automated trading operations, driven by a team of professionals in
accordance with good corporate governance.
To protect and safeguard the interests of all its stakeholders, i.e. members, listed companies, employees and the
investors at large.
To reflect the country’s economic health and behavior and play its role for the growth, development and prosperity of
Pakistan.
PAKISTAN STOCK EXCHANGE (PSX):
STOCK EXCHANGE COMPANIES IN PAKISTAN:-
There are three Stock Exchange Companies in Pakistan are as follow:-
1. Karachi Stock Exchange (KSE)
2. Islamabad Stock Exchange (ISE)
3. Lahore Stock Exchange (LSE)
IN FAVOUR OF COMPANIES:
AS ORGANIZATION: It supplies them with the obtaining of long term funds that
To guarantee the legal and economic securities. permits the company to make profitable activities.
To provide official information. The securities quoted in the stock exchange market have more
To fix the prices of the securities. fiscal purpose advantages for the company.
It offers to the company’s free publicity.
IN FAVOUR OF INVESTORS:
It permits him the access to the profitable activities of the big companies.
It offers liquidity to the security investments.
PAKISTAN STOCK EXCHANGE (PSX):
TRADING PROCEDURE IN STOCK EXCHANGE:
In order to purchase or sell securities on stock exchange the following steps have to be taken:
1. SELECTION OF BROKER:
A broker is a member of stock exchange and securities can only be purchased and sold through him.
4. SETTLEMENT:
In case of ready delivery contract, the buyer pays the money and the seller delivers the securities one same day.
In the case of forward delivery contract settlement are done in a week or once in a month.
PAKISTAN STOCK EXCHANGE (PSX):
DATA SERVICES:
TV channels also display PSX ticker through live feeds from PSX system.
Investors provided customized data packages for trading and assessment of their portfolio on a real time basis.
PSX website offers data of market on real time basis, including listed company profiles, snap shot of financials,
press releases and summary of market activities on real time basis.