How to Pakistan Stock Exchange Online Works in 2023

By | February 16, 2023

How to Pakistan Stock Exchange Online Works in 2023. How Pakistan Stock Exchange Works in 2023 Here are some interesting facts about Pakistan Stock Exchange. PSX is a body that manages all investments in shares and stocks in Pakistan.

The regular or ready market consists of all listed companies. The small and medium enterprise market is where companies with capital between $150,000 and $1.2 million trade.

How to Pakistan Stock Exchange Online Works in 2023

How to Pakistan Stock Exchange Online Works in 2023

The small and medium enterprise market is designed for institutions and high-net-worth individual investors. The PSX trades on weekdays, Monday through Thursday, with the market open from 9:30 a.m. to 3:30 p.m.

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On Fridays, the market is open from 9:15 am to 4:30 pm, with a break from noon to 2:30 pm. Pricing on PSX is denominated in Pakistani Rupees (PKR).

Foreign investors can invest in the Pakistan Stock Exchange as follows:

  1. An easy way for foreign investors to invest in PSX stock is through Exchange Traded Funds (ETFs).
  2. How to Trade on PSX: Overseas Pakistanis can trade on PSX by opening a Roshan Digital Account with one of the designated banks for the purpose.
  3. Other foreign investors can open a Special Convertible Rupee Account (SCRA).

PSX Listing Requirements: Listing on the PSX requires companies to meet financial and disclosure standards. Requirements include:

  • =>> Minimum paid-up capital of $1.2 million
  • =>> A minimum free float of at least 25% of the issued share capital
  • =>> At least 5 million free float shares within one year of approval of the listing

Top Best Companies of the Pakistan Stock Exchange List

  • Fauji Fertilizer Company Limited
  • Engro Corporation Limited
  • Systems Limited
  • Ferozsons Laboratories Limited
  • Engro Fertilizers Limited
  • Security Papers Limited
  • Dawood Hercules Corporation Limited
  • Habib Bank Limited
  • TRG Pakistan Limited
  • Meezan Bank Limited
  • The Hub Power Company Limited
  • MCB Bank Limited
  • Cyan Limited
  • EFU Life Assurance Limited
  • Pakistan Oilfields Limited
  • Bank Alfalah Limited
  • Jubilee Life Insurance Company Limited
  • International Industries Limited
  • Engro Polymer & Chemicals Limited
  • Mari Petroleum Company Limited
  • Gadoon Textile Mills Limited
  • International Steels Limited
  • Pakistan Cables Limited
  • Packages Limited
  • Adamjee Insurance Company Limited