About Pakistan Stock Exchange

[black-hawk_101]

We all have heard about Pakistan Stock Exchange.

Any information when it's going to be launched?

 

[Muhammad Omar]

We all have heard about Pakistan Stock Exchange.

Any information when it's going to be launched?

KARACHI: An extraordinary general meeting of the Karachi Stock Exchange (KSE) on Monday approved the resolution to change the name of KSE to Pakistan Stock Exchange.

The meeting adopted a Special Resolution, to approve the schemes of integration of KSE with Lahore Stock Exchange (LSE) and Islamabad Stock Exchange (ISE), and to affect such changes, approving the amendments in Memorandum and Articles of Association of KSE.

“The meeting was attended by over 34 per cent of KSE shareholders in person or through proxy,” a spokesman for the KSE said, adding that out of 11 directors, eight attended the meeting which was chaired by Muneer Kamal, chairman of the board of KSE.

Know more: MoU signed to form Pakistan Stock Exchange

The KSE chairman explained that in view of consolidation of business of stock exchanges, all Trading Right Entitlement Certificates (TREC) holders of Lahore and Islamabad exchanges would be issued TREC of Pakistan Stock Exchange without any fee and they would be treated at par with existing TREC holders of KSE, by equally having direct access to KSE’s deep liquidity pool and trading platform.

He emphasised that with cessation of licences of LSE and ISE to function as stock exchanges, Pakistan Stock Exchange would emerge as the single national stock exchange “to serve investors in a seamless and efficient manner”.

The House unanimously approved the Special Resolution, as placed before it, without any change.

 

[AZADPAKISTAN2009]

Unless people can buy stocks easily via normal "Banks" online banking , its useless

MSCI Pakistan ETF , is fund in USA setup to invest in Pakistan for limited companies in Pakistan

Stock is trade under word "PAK" on US stock exchange

See listing of companies
MSCI Pakistan ETF | Global X Funds PAK


The system in Pakistan is so complicated a normal person can't buy anything


Western Banks the stock purchase is so easy , you can get any stock , sell any stock in 2-3 clicks

 

[SecularNationalist]

Unless people can buy stocks easily via normal "Banks" online banking , its useless

MSCI Pakistan ETF , is fund in USA setup to invest in Pakistan for limited companies in Pakistan

Stock is trade under word "PAK" on US stock exchange

See listing of companies
MSCI Pakistan ETF | Global X Funds PAK


The system in Pakistan is so complicated a normal person can't buy anything


Western Banks the stock purchase is so easy , you can get any stock , sell any stock in 2-3 clicks

I agree.Here only the filthy rich are involved in the stock exchange.

 

[AZADPAKISTAN2009]

The pakistani stocks are not very high in value , infact quite cheap , however their purchase and selling is quite complicated

In western society , the process is very simple for ordinary man/women which is why many working folks invest in corporations and yeild the rewards of investment


I went to Karachi stock exchange tried to understand how I can buy their process was so complicated , you need to open bank account in Pakistan do this and that appy for some permit and then deal with stock broker lol, have to convert you money in Rupees like why would I convert my money into rupee considering the rupee falls in value every god damn day

I was like forget it ...


Went to Western bank , 1 hour visit , the lady explained me system , opened account I can move funds between normal account and investment account and I can see all stock values "REAL TIME" purchase anything I want any company I want 5 Min

I can buy stock in any company in China in 5 min trading on US exchange

Our Sher asks , hum investment lainge ? lol sorry the banking system in Pakistan is too slow and lacks behind in services (online services to consumers)


Meanwhile Indian banks have branches all over North America as comparitive basis

 

[livingdead]

The pakistani stocks are not very high in value , infact quite cheap , however their purchase and selling is quite complicated

In western society , the process is very simple for ordinary man/women which is why many working folks invest in corporations and yeild the rewards of investment


I went to Karachi stock exchange tried to understand how I can buy their process was so complicated , you need to open bank account in Pakistan do this and that appy for some permit and then deal with stock broker lol, have to convert you money in Rupees like why would I convert my money into rupee considering the rupee falls in value every god damn day

I was like forget it ...


Went to Western bank , 1 hour visit , the lady explained me system , opened account I can move funds between normal account and investment account and I can see all stock values "REAL TIME" purchase anything I want any company I want 5 Min

I can buy stock in any company in China in 5 min trading on US exchange

Our Sher asks , hum investment lainge ? lol sorry the banking system in Pakistan is too slow and lacks behind in services (online services to consumers)

not sure about 'western' system, but in India its quite easy to open a acount (DEMAT account) to trade.
It take at least a week or more to open though but many banks/brokering house can do it for you so not much of an hassle.
once its opened you can trade it to your heart's content using online portal of your bank/brokering house.
And yes, your money has to be in rupees.

 

[AZADPAKISTAN2009]

not sure about 'western' system, but in India its quite easy to open a acount (DEMAT account) to trade.
It take at least a week or more to open though but many banks/brokering house can do it for you so not much of an hassle.
once its opened you can trade it to your heart's content using online portal of your bank/brokering house.
And yes, your money has to be in rupees.

Which is similar to Western Banks

Pakistani stock exchange I sent them an email about information and go no response

 

[livingdead]

Which is similar to Western Banks

Pakistani stock exchange I sent them an email about information and go no response

I doubt any Indian stock exchange will respond to any retail investors lolz.
Everything has to be done with brokers and sub brokers. You cant interact with exchange (buy/sell) directly, its not even allowed in USA as far as I know.

 

[AZADPAKISTAN2009]

I doubt any Indian stock exchange will respond to any retail investors lolz.
Everything has to be done with brokers and sub brokers. You cant interact with exchange (buy/sell) directly, its not even allowed in USA as far as I know.

There are brokers , but the process is hidden , you just do 2-3 clicks from your online system and background stuff you don't need to worry about , you get an update on purchase in few hours and settlement in 3 days

 

[livingdead]

There are brokers , but the process is hidden , you just do 2-3 clicks from your online system and background stuff you don't need to worry about , you get an update on purchase in few hours and settlement in 3 days

ya I know. All you need is a decent brokering house which gives you a good online portal that makes trading easy. Settlement is done in T+2 in India.

 

[Viper0011.]

Western Banks the stock purchase is so easy , you can get any stock , sell any stock in 2-3 clicks

This is where its going. The foundation needed to exist first. You guys are very impatient in everything. The NASDAQ certification, MSCI and PAK fund introductions are a first few steps. Next, the PSE will have her own brokerage portfolios.

Remember, you can't just "invest" in foreign stocks unless the US brokerages offer them like the Fidelity, Scot-trade, etc. You can directly invest in a Pakistani company's stocks if the company is listed in NYSE (like the Chinese Ali Baba for an example).

 

[AZADPAKISTAN2009]

For time being I invested in North American companies due to STABLE True democracy, once I found they did not had a purchee wala leader , Tajarbakar team member it was easy decision

Once I learned in Pakistan they sold a BANK and its branches for 1 Rupee to rival bank and all shares went to 0 rupee value and customers who bought shares for it lost money due to Government policies

I was not impressed by Tajarbakar Team's performance in dealing with Bank crisis

 

[black-hawk_101]

I'm hearing rumors that after being merged it will turn out to be playing in 50,000 points.

 

[Faiez]

Unless people can buy stocks easily via normal "Banks" online banking , its useless

MSCI Pakistan ETF , is fund in USA setup to invest in Pakistan for limited companies in Pakistan

Stock is trade under word "PAK" on US stock exchange

See listing of companies
MSCI Pakistan ETF | Global X Funds PAK


The system in Pakistan is so complicated a normal person can't buy anything


Western Banks the stock purchase is so easy , you can get any stock , sell any stock in 2-3 clicks

No sir, it's quite easy to invest in stocks. Just go to any broker, open account and done.

It's pretty similar everywhere around the world.

The stock exchange is not going to help you, the brokers will.

 

[black-hawk_101]

No sir, it's quite easy to invest in stocks. Just go to any broker, open account and done.

It's pretty similar everywhere around the world.

The stock exchange is not going to help you, the brokers will.

Sir When it will launch the Pakistan Stock Exchange.