This document provides an overview of stock exchanges in Pakistan. It discusses the history and establishment of the Karachi, Lahore, and Islamabad stock exchanges. It outlines how these three exchanges merged in 2012 to form the Pakistan Stock Exchange. The document also describes the various instruments traded on stock exchanges, such as stocks, bonds, and derivatives. It discusses the roles and importance of stock exchanges, as well as factors that affect stock prices. Finally, it outlines the procedure for investing in the stock exchange and highlights advantages of investing domestically in Pakistan versus internationally.
Pakistan Stock Exchange PSX 2016 - Pakistan Stock exchange is the merger of all three stock exchanges(ISE, LSE, KSE) of Pakistan. Entities which provide "trading" facilities for stock brokers and traders, to trade stocks and other securities.
Pakistan Stock Exchange PSX 2016 - Pakistan Stock exchange is the merger of all three stock exchanges(ISE, LSE, KSE) of Pakistan. Entities which provide "trading" facilities for stock brokers and traders, to trade stocks and other securities.
How to Invest in Pakistan Stock Exchange.pptxNajeebWarsi
Learn the fundamentals of investing in the Pakistan Stock Exchange (PSX) in this informative presentation. Discover strategies, risks, and potential rewards.
IABF Education Institute gives to you details about Stock Market details, How to know about stock markets, What is Stock Market, Who is broker, What is D/Mat A/C, Functions of Brokers, Know about NIFTY,
All financial ratios of bata shoe of last five years Faiz Subhani
financial analysis of firm's financial statements & horizontal and vertical analysis is also given in this
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how to sell pi coins on Bitmart crypto exchangeDOT TECH
Yes. Pi network coins can be exchanged but not on bitmart exchange. Because pi network is still in the enclosed mainnet. The only way pioneers are able to trade pi coins is by reselling the pi coins to pi verified merchants.
A verified merchant is someone who buys pi network coins and resell it to exchanges looking forward to hold till mainnet launch.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
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USDA Loans in California: A Comprehensive Overview
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The secret way to sell pi coins effortlessly.DOT TECH
Well as we all know pi isn't launched yet. But you can still sell your pi coins effortlessly because some whales in China are interested in holding massive pi coins. And they are willing to pay good money for it. If you are interested in selling I will leave a contact for you. Just telegram this number below. I sold about 3000 pi coins to him and he paid me immediately.
Telegram: @Pi_vendor_247
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how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the Telegram username
@Pi_vendor_247
how to sell pi coins in all Africa Countries.DOT TECH
Yes. You can sell your pi network for other cryptocurrencies like Bitcoin, usdt , Ethereum and other currencies And this is done easily with the help from a pi merchant.
What is a pi merchant ?
Since pi is not launched yet in any exchange. The only way you can sell right now is through merchants.
A verified Pi merchant is someone who buys pi network coins from miners and resell them to investors looking forward to hold massive quantities of pi coins before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
how to sell pi coins at high rate quickly.DOT TECH
Where can I sell my pi coins at a high rate.
Pi is not launched yet on any exchange. But one can easily sell his or her pi coins to investors who want to hold pi till mainnet launch.
This means crypto whales want to hold pi. And you can get a good rate for selling pi to them. I will leave the telegram contact of my personal pi vendor below.
A vendor is someone who buys from a miner and resell it to a holder or crypto whale.
Here is the telegram contact of my vendor:
@Pi_vendor_247
Even tho Pi network is not listed on any exchange yet.
Buying/Selling or investing in pi network coins is highly possible through the help of vendors. You can buy from vendors[ buy directly from the pi network miners and resell it]. I will leave the telegram contact of my personal vendor.
@Pi_vendor_247
Lecture slide titled Fraud Risk Mitigation, Webinar Lecture Delivered at the Society for West African Internal Audit Practitioners (SWAIAP) on Wednesday, November 8, 2023.
how can I sell pi coins after successfully completing KYCDOT TECH
Pi coins is not launched yet in any exchange 💱 this means it's not swappable, the current pi displaying on coin market cap is the iou version of pi. And you can learn all about that on my previous post.
RIGHT NOW THE ONLY WAY you can sell pi coins is through verified pi merchants. A pi merchant is someone who buys pi coins and resell them to exchanges and crypto whales. Looking forward to hold massive quantities of pi coins before the mainnet launch.
This is because pi network is not doing any pre-sale or ico offerings, the only way to get my coins is from buying from miners. So a merchant facilitates the transactions between the miners and these exchanges holding pi.
I and my friends has sold more than 6000 pi coins successfully with this method. I will be happy to share the contact of my personal pi merchant. The one i trade with, if you have your own merchant you can trade with them. For those who are new.
Message: @Pi_vendor_247 on telegram.
I wouldn't advise you selling all percentage of the pi coins. Leave at least a before so its a win win during open mainnet. Have a nice day pioneers ♥️
#kyc #mainnet #picoins #pi #sellpi #piwallet
#pinetwork
Currently pi network is not tradable on binance or any other exchange because we are still in the enclosed mainnet.
Right now the only way to sell pi coins is by trading with a verified merchant.
What is a pi merchant?
A pi merchant is someone verified by pi network team and allowed to barter pi coins for goods and services.
Since pi network is not doing any pre-sale The only way exchanges like binance/huobi or crypto whales can get pi is by buying from miners. And a merchant stands in between the exchanges and the miners.
I will leave the telegram contact of my personal pi merchant. I and my friends has traded more than 6000pi coins successfully
Tele-gram
@Pi_vendor_247
4. Stock exchange (intro)
• Organized and regulated financial market where securities (bonds, notes,
shares) are bought and sold at prices governed by the forces of demand and
supply
5.
6. Tentative objectives
• Establishment of stock exchange in Pakistan
• Why we need stock exchanges (features & role)
• Why we have to invest in stock exchange (advantages)
• Rules of traders and members in stock exchange
• Procedure of investment and trading (through S.E)
• What factors we have in mind to investtrade in S.E
• Weather stock exchanges indicates economies of developing countries like
Pakistan
• Advantage to invest in Pakistan stock exchange
7. History of stock exchange in Pakistan: -
Karachi stock exchange: -
• KSE was established on September 18, 1947. It was incorporated on March
10, 1949
• Only five companies were initially listed with a total paid-up capital of 37
million rupees.
• .The first index introduced in KSE was based on fifty companies and was
called KSE 50 index.
• Computerized trading system called KarachiAutomatedTrading System
(KATS) was introduced in 2002
8. Continues…
Lahore stock exchange
• In 1970, Established under the Exchange Ordinance of 1969 by the
Government of Pakistan
• In response to the needs of the provincial metropolis of the province of
Punjab.
• It initially had 83 members and was housed in a rented building in the
crowded Bank Square area of Lahore
• The LSE was the first stock exchange in Pakistan to use the internet.
9. Continues…
Islamabad stock exchange: -
• Established in Islamabad, the capital city of Pakistan on October 25, 1989
• To cater to the needs of less developed areas of the northern part of
Pakistan
• It was licensed as a stock exchange on January 7, 1992
Pakistan stock exchange
• All these three exchanges had separate management, trading interfaces,
indexes, listing criteria etc.
10. Continues…
• This structure inherently created conflict of interest and perceived to
jeopardize the investors' interest
• Therefore, the Stock Exchanges Act, 2012 (known as "Demutualization
Act") was promulgated by the Government. As a result, three exchanges
were merged together to form a new combined exchange called Pakistan
• As on October 7th, 2016 there are 576 companies listed in PSX and the total
market capitalization is Rs. 8,384.864 billion.
11. Information
Interesting information
A stock index or stock market
index is a measurement of the
value of a section of the stock
market. It is computed from the
prices of selected stocks (typically
a weighted average). It is a tool
used by investors and financial
managers to describe the market,
and to compare the return on
specific investments.
12.
13. Indexes in Pakistan stock exchange
A.KSE 100 index
B. KSE all share index
C. KSE 30 index
D.KMI 30 index
E. PSX-KMI all share index
14. Stock exchange and capital market
Introduction
Capital market is a broader term that includes the stock
market and other venues for trading financial products. The stock
market allows investors and banking institutions to trade stocks, either
publicly or privately. Stocks are financial instruments that represent partial
ownership of a company.
• Only secondary securities are traded in stock exchange
• Capital market consist of both primary and secondary market
15. Instrument use in stock exchange
• Stock issued by listed companies
Shares
Securities
• Unit trusts
A trust formed to manage a portfolio of stock exchange securities
Small investors can buy units
16. Instrument use in stock exchange
• Derivatives
something which is based on another source.
• Types
Forward contract
Future contract
Option contracts
Swaps
17. Instrument use in stock exchange
• Pooled investment products
A “pooled fund” is a unit trust in which investors
contribute funds that are then invested, or managed, by a third party.
A pooled fund operates like a mutual fund, but is not required to have a
prospectus under securities law.
• Bonds
A bond is a debt instrument in which an investor loans money to an
entity (typically corporate or governmental) which borrows the funds for a
defined period of time at a variable or fixed rate.
18. Instrument use in stock exchange
• Types of bonds
• Treasury bonds. Other government bonds. ...
• Investment-grade corporate bonds. ...
• Foreign bonds. ...
• Mortgage-backed bonds. ...
• Municipal bonds.
19. Features
• Organized market
• Regular market (9:00 a.m - 5:15 p.m)
• Clearing house
• Second hand securities
• Listed securities
• Information media
• Speculation
• Contribution toward economic development
20. Role
• Common forms of capital raising
• Going public
• Limited partnerships
• Venture capital
• Corporate partners
• Mobilizing savings for investment
21. Continues..
• Facilitating company growth
• Profit sharing
• Corporate governance
• Creating investment opportunities for small investors
• Government capital-raising for development projects
• Barometer of the economy
22. Importance (investment point of view): -
• Following is the answer why we have to invest in stock exchange
• Security
• Liquidity
• Profit
Dividend
Market fluctuation
• Tax relief
23. Types of investment in stock exchange
Buy and Hold"Trading:
This is the passive approach used by many individual investors when they
trade stocks or buy stocks online
You choose a stock which you hope will go up in price and/or pays an
attractive dividend. (to hold)
24. Continues…
Active StockTrading:
• To maximize their opportunities and minimize their losses.
• You don’t execute stock trades every day, but you monitor your holdings
frequently and make adjustments where appropriate in your portfolio.
DayTrading:
• to devote a little time each day in return for the potential of regular income
• where they can quickly open and close a position.
25. Factors that Affect stock prices
ECONOMIC FACTORS:
• Interest rates
• Exchange rates
• Income or GDP
• Inflation & deflation
FIRM-SPECIFIC FACTORS/FIRM FUNDAMENTALS:
• Expected +NPV investments
• Dividend policy changes
• Significant debt level changes
26. Continues…
• Stock offerings and repurchases
• Earnings surprises
• Acquisitions and divestitures/divestment (a strategy to remove some of a
group's assets under its current business portfolio)
MARKET-RELATED FACTORS:
• January effect – general increase in stock price in January
• Noise trading
• Trends
27.
28. MEMBERS AGENTS ANDTRADERS (ELIGIBILITY
STANDARDS) RULES, 2001
Agent
• means a person appointed by a member of a Stock Exchange to act on his
behalf for the purpose recognized by a stock exchange and includes a sub-
broker or head of a branch office.
Trader
• means an employee of a member who is authorized by such member to
execute trade of the investors through the automated trading system in
such exchange.
29. Continues..
Eligibility criteria
• is not less than 21 years of age;
• is a citizen of Pakistan;
• is not a lunatic or a person of unsound mind;
• has not been convicted of any offence involving fraud or breach of trust;
• has not been removed as an agent by a member of a stock exchange for
fraud or breach of trust and furnish a certificate of that effect from his
previous employee;
30. Continues..
• has at least passed graduation or equivalent examination from an institution
recognized by the Government:
Provided that the Commission may relax the educational
qualification on merits having regard to the applicant’s experience;
• has attended a course for the agents prescribed by the stock exchange and
approved by the Commission;
• has at least two years experience in a related field such as banking,
accountancy or in a broker’s office;
• has faithfully complied with all general and specific directives of the
Commission;
• in the case of partnership a firm or a body corporate, the partners or
directors, as the case may be, shall comply with the requirements contained
in clause (i).
31. Procedure of investment and trade in stock exchange: -
• A person who has saved money and want to invest it called investor.
• Investor select a broker on which he believes that giver proper and timely
information to him. (broker is reg. member of stock exchange)
• Next step is to open account with broker.
• Than investor has to select order
33. • Broker further refer the order to market specialist who deals with
that stock.
• Specialist will execute the order in best possible price available.
(normally)
34. • Lastly shares or money transfers to the investors account opened with the
broker.
35. Advantages of investing in PSX (Domestic)
• High rate of returns
• Easy procedure to get registered ( less legitimations)
• Not saturated
• Price fluctuations can lead to more money
• No exchange rate risk
• Ease of research
36. Advantages of investing in FOREX
Demerits of domestic exchange (PSX)
• Stable prices
• Strong portfolio
• Large opportunity (types of stocks)
• 24-Hour Market Action
37. The Stock Market and the Economy in Pakistan
• Published:
The Pakistan Development Review 40: 2 (Summer 2001) pp.
• Variables:
Independent: - stock market
Dependent variable: - Consumption Expenditures, Investment,
Spending, GDP etc.
38. Conclusion
• The purpose of the paper is to re-examine the causal relationship between
stock prices and macro variables, consumption expenditures, investment
spending, and GDP, in Pakistan
• We use annual data from 1959-60 to 1998-1999
• The correlation analysis shows low correlations between stock prices and
macro variables
• However, there is evidence of significant increase in these correlations in the
period subject to reforms
• indicates the presence of a long-run relationship between stock prices and
macro variables
39. Our conclusion
• From above discussion we conclude that stock exchange is a tool to transfer
money to those who want to invest it in productive way. We also observe
that stock exchange necessary from both individual (investor) point of view
as well as for countries’ economy, but one should have to take care of some
aspects for trading in stock market
• And we see that there is correlation between stock market and
macroeconomic factors, and its going stronger with passage of time in
Pakistan that’s why we can say that stock market is indicator of courtiers’
economy even in developing countries