Penny Stocks on the PSX — Low-Priced Shares That Still Trade

The screen has exactly two rules and both are stated on the page so anyone can reproduce it: the last close is below Rs 25, and the session's turnover is at least Rs 1.0 million. Rights entitlements and preference shares are excluded — both are classed as equity by the exchange but are priced off something other than the company, and a rights entitlement trading at Rs 2 is not a low-priced company.

The turnover floor is what makes the list usable. Of the 157 ordinary shares under the price ceiling, 45 did not clear it. On a share that trades a few thousand rupees a day the quoted price is the last trade that happened to occur, not a price you can deal at in size, and a screen that includes them is publishing numbers that cannot be acted on.

Ranking is by turnover, not by the day's gain, and that is deliberate. A low-priced list sorted by percentage move puts whatever was pushed hardest that morning at the top, which is the exact shape a promotion wants. Every ticker here carries the same technical indicators, fundamentals and backtested model record as any blue chip on the site — open the stock page and read the balance sheet before the chart.

If what you are actually after is value rather than a low price, the screener filters the whole market on P/E, price-to-book, ROE and dividend yield at once, and the sector hubs show whether a low multiple is company-specific or true of the entire sector.