Guides to investing on the Pakistan Stock Exchange

Risk Management on a Frontier Market: Position Sizing and Stop-Losses That Survive the PSX

Position size, not the stop-loss, is the real risk control on the PSX: circuit breakers, price gaps and thin order books mean you often cannot sell at your chosen price. Here is the arithmetic that survives that.

9 min read

Technical Analysis on the PSX: Using Moving Averages, RSI and MACD Without Fooling Yourself

Moving averages, RSI and MACD describe past prices — nothing more. Used in the right order they keep you honest; used as signals they lose money. Here are the mechanics that actually work on the PSX, and where thin volume and circuit breakers make indicators meaningless.

9 min read

How to Read a Stock Page Without Fooling Yourself

A walk through every number on a PSX stock page — price, volume, P/E, RSI, our own AI signal — and an honest account of how much weight each one deserves.

9 min read

How to Read a PSX Company's Financial Statements

Annual reports are free, audited and almost never read. A walk through a PSX income statement and balance sheet, with EPS, P/E, ROE and dividend yield worked by hand — and the red flags those ratios quietly hide.

8 min read

How to Start Investing in the Pakistan Stock Exchange

What it actually takes to buy your first share on the PSX: choosing a broker, opening a CDC sub-account, what it costs, and the mistakes that cost first-timers the most money.

9 min read

Opening a CDC Account and Actually Starting to Trade in Pakistan

CDC sub-accounts, Sahulat, your UIN, T+2 settlement — the actual plumbing of buying shares in Pakistan, and the custody mistakes that have cost retail investors more than bad stock picks ever did.

9 min read

The Mistakes That Actually Cost PSX Retail Investors Money

Most PSX losses come not from picking bad companies but from a short list of repeatable behaviours: buying after the run, margin financing, averaging down into a dying business, never planning the exit. Each one has a specific counter-habit.

9 min read

How AI Models Forecast Stock Trends — and How Much to Trust Them

An ML price model is a pattern-matcher over history, not a crystal ball. How ours actually works, how backtests get inflated, and why an honest 55% is worth more than a claimed 90%.

8 min read

Why Most Stock Tips Lose Money

WhatsApp groups, YouTube calls and "sure-shot" targets are a fixture of Pakistani retail investing. The reasons they fail are structural, not bad luck — and they apply to our signals too.

8 min read

Understanding the KSE-100: What "The Market" Actually Means

The KSE-100 is quoted daily as though it were the Pakistani economy. It is a capitalisation-weighted index of 100 companies with real quirks — and knowing them changes how you read every headline.

7 min read

Dividend Yield vs Growth on the PSX: Two Different Games

On the PSX, dividends are not a bonus — for much of the market they are the return. Growth is scarce, concentrated and violently re-rated in both directions. Knowing which game a stock is playing decides every question worth asking about it, starting with whether a fat yield is a prize or a warning.

8 min read

What Technical Indicators Cannot Tell You

RSI, MACD and moving averages are everywhere on this site and every other. Here is an honest account of what they measure, where they fail, and why "overbought" has cost investors more than it saved.

8 min read

How Islamic Investing Works on the PSX: KMI-30 and the Shariah Screens

Shariah screening on the PSX is quantitative, not a sector blacklist: debt ratios, income thresholds and a purification step decide what enters the KMI-30. Here is how the screens actually work, what recomposition means for holders, and what compliance does not promise.

8 min read

FIPI and LIPI: Reading the Money Flows That Move the PSX

Every day NCCPL publishes who bought and who sold on the PSX — foreigners, mutual funds, banks, individuals. On a thin market those flows matter, but most people read them wrong: net figures hide churn, one day means nothing, and foreigners are not smart money.

8 min read

Pakistan's Technology and Export Stocks: The Rupee Trade With a Business Attached

IT exporters like SYS earn dollars and pay rupee salaries, so every devaluation widens their margins mechanically. That is the real thesis — and wage inflation, client concentration and a stable rupee are the ways it quietly unwinds.

9 min read

PSX Market Cycles: How Macro Actually Drives Pakistani Equities

Pakistani equities do not trade on earnings first — they trade on the balance of payments. The same loop has repeated for decades: deficit, IMF, high rates, rate cuts, bull run. Here is the cycle plainly told, and the numbers that track it.

8 min read

The Fertiliser Sector: Why FFC and Its Peers Anchor PSX Dividend Portfolios

Why FFC, ENGRO and FATIMA anchor PSX dividend portfolios: urea made from gas, sold for cash, without the receivables pain that hollows out energy stocks. And the gas-tariff question that decides whether those dividends survive.

8 min read

Pakistan's Energy Stocks and the Circular Debt Problem

OGDC and PPL report some of the largest profits on the PSX and trade at some of its lowest P/Es. The gap is circular debt — earnings booked while the cash sits in unpaid receivables. Here is how the chain breaks, why MARI escapes it, and how to read an E&P result honestly.

9 min read

How to Analyse Pakistani Bank Stocks: Rates, NIMs and NPLs

Bank earnings on the PSX are a bet on the SBP policy rate. How NIMs, the government-paper habit, ADR tax episodes, NPLs and CASA actually drive HBL, UBL, MCB and MEBL — and when trading below book is deserved.

9 min read

KSE-100 Daily Closing Review — 7 September 2026

The KSE-100 closed at 173,636.07 on 7 September 2026, down 0.97%. 89 shares advanced and 178 declined on turnover of Rs 23.13 billion.

2 min read

KSE-100 Daily Closing Review — 4 September 2026

The KSE-100 closed at 175,328.82 on 4 September 2026, up 0.23%. 238 shares advanced and 218 declined on turnover of Rs 30.24 billion.

2 min read

KSE-100 Daily Closing Review — 3 September 2026

The KSE-100 closed at 174,929.68 on 3 September 2026, up 0.09%. 38 shares advanced and 30 declined on turnover of Rs 15.84 billion.

2 min read

KSE-100 Daily Closing Review — 2 September 2026

The KSE-100 closed at 174,776.59 on 2 September 2026, down 0.96%. 111 shares advanced and 358 declined on turnover of Rs 31.66 billion.

2 min read

KSE-100 Daily Closing Review — 1 September 2026

The KSE-100 closed at 176,466.99 on 1 September 2026, down 0.29%. 95 shares advanced and 155 declined on turnover of Rs 36.86 billion.

2 min read

KSE-100 Daily Closing Review — 31 August 2026

The KSE-100 closed at 176,975.67 on 31 August 2026, down 0.41%. 167 shares advanced and 304 declined on turnover of Rs 39.55 billion.

2 min read

KSE-100 Daily Closing Review — 28 August 2026

The KSE-100 closed at 177,696.50 on 28 August 2026, up 0.21%. 205 shares advanced and 261 declined on turnover of Rs 31.04 billion.

2 min read

KSE-100 Daily Closing Review — 27 August 2026

The KSE-100 closed at 177,322.77 on 27 August 2026, down 0.03%. 190 shares advanced and 278 declined on turnover of Rs 34.19 billion.

2 min read

KSE-100 Daily Closing Review — 25 August 2026

The KSE-100 closed at 177,370.70 on 25 August 2026, up 0.23%. 222 shares advanced and 229 declined on turnover of Rs 31.39 billion.

2 min read

KSE-100 Daily Closing Review — 24 August 2026

The KSE-100 closed at 176,966.68 on 24 August 2026, down 0.11%. 221 shares advanced and 239 declined on turnover of Rs 43.44 billion.

2 min read