How to Invest in Pakistan Stock Exchange

Today, it is very easy to invest in Asia’s Best performing stock market i.e. Pakistan Stock Exchange. For this purpose, you must open an account with Pakistan Stock Exchange. You can not directly open an account with PSX. You must take a path through the registered member of the exchange which is also called “Broker” like Abbasi and Company Private Limited for account opening. Abbasi and Company Private Limited is the registered broker of the Pakistan Stock Exchange. The company provides online shares trading services, advisory of stocks, and provides market research on the companies listed on PSX. The company also provides portfolio management services. For investment in Pakistan Stock Exchange, you first have to contact Abbasi and Company for account opening.

Trading Account Type

The share trading account is of two types;

Sahulat Account
Normal Account

These account types have their own characteristics and requirements which are given below;

Sahulat Account

Pakistan Stock Exchange has announced the Sahulat Account for low-income investors. Now students, housewives, and investors with no source of income document can open his/her shares trading account on Pakistan Stock Exchange.

Account Opening Requirements for Sahulat Account

You can open a Sahulat Account with Abbasi and Company by visiting Abbasi and Company or by online account opening. You must sign and fill out the account opening form and provide the following documents and information;

Copy of CNIC
Bank Account Details
Registered Mobile Number
Email Address

The deposit limit in the Sahulat Account is restricted to Rs. 800,000. You can trade-in ready market only. Trading in the shares futures in prohibited. Use of Financial Leveraged Products are also not allowed.

Normal Account

Normal Shares trading account is for professionals and businessmen with an identifiable source of income. The deposit limit in this account is depends on your annual income. You can trade-in the ready market as well as in the future market. You can also use Financial Leveraged Product in the normal account.

Account Opening Requirements for Normal Account

Normal Shares Account can also be opened with Abbasi and Company by visiting the company or opening an account online. A complete online digital account opening form is available on our website. Followings are the Account Opening Requirements for Normal Account;

CNIC Copy of Account Holder
CNIC Copy of Nominee
CNIC Copy of Two Witnesses
Document of Source of Income
Bank Account Details
Registered Mobile Number
Email Address

Abbasi and Company will perform your Biometric verification or OTP for your verification. Within 3-4 working days your account will be opened and activated. You will receive a welcome email. After acknowledging the information received in the welcome email, you will get a User ID and password for online trading of shares through Mobile App or Online Desktop Trading Terminal.

Online Trading Software

Your can buy and sell shares online by using the online trading software offered by Abbasi and Company Private Limited. You can download our Mobile Application and Desktop Trading Terminals from our website. You can also login to our web trading terminal. Our experienced stock traders will guide you and provides you how to use this trading software and trade shares in Pakistan Stock Exchange.

Funds Deposit

In order to make investments in Pakistan Stock Exchange, you first deposit funds in Abbasi and Company-designated banks and provide the proof of deposit. Abbasi and Company after confirmation from the bank will allocate the funds to your shares trading account. You can deposit funds online using online banking applications or deposit cross cheques in the Abbasi and Company bank account. The Bank details of Abbasi and Company are as follows;

ACCOUNT TITLE: ABBASI AND COMPANY (PRIVATE) LIMITED

Bank Name: Bank Al-Habib Ltd.

Account Number: 0031-0081-000050-01-3

IBAN: PK04BAHL0031008100005001 Bank

Branch: Stock Exchange Branch Bank

Name: Meezan Bank Ltd.

Account Number: 0209-0105741239

IBAN: PK53MEZN0002090105741239

Bank Branch: Shadman Colony 1

Habib Bank Limited

0008667900217803

IBAN: PK94HABB0008667900217803

Bank Branch: Stock Exchange Branch

Funds Withdrawal

Funds can withdraw from your trading account to your bank account easily. When shares are sold in stock market, the cash is settled within two workings days. You have to simply request the customer support department for the withdrawal request. Funds will be transferred to your bank account online on third day of your trade.

Stock Research Reports

The research department of Abbasi and Company covers 60% of the Market Capitalization of the KSE 100 Index which includes 45 companies from 14 sectors. Abbasi and Company provide regular updates on stock market trends, trading strategies, and recommendations. Our research reports are available on our website. Our research department also covers economical events in its research coverage like, Inflation, Monitory Policy and Budget etc. The research report named Economy Update enlightens the impact of economic evens on the stock market. The research reports on stock market listed companies is available on the website under Equity Updates. The research report named Morning Glance is a morning tea for the stock market investors. It includes trading recommendations for the trading and all-important news related to stock market. This report also gives an overview about trends prevailing on word stock exchanges and commodity pricing. Market Wrap report is published at the end of each trading session. It includes the closing summary about the market like information about closing of all indices, top gainers, top losers, market performers, date of local and foreign investments.

Trade Confirmations

Abbasi and Company provide trade confirmations to each transaction via SMS or email. When a trade is done buy or sell, a real time SMS is sent to the account holder's cell phone for the confirmation of this trade. After end of the trading session at the day end, a comprehensive email is sent to the account holder which includes all details of the trade like buy or sell rate, commission charged and taxes. Off Market Order Placing It is a unique service provided by the company. You can place your online shares buying and selling orders in Pakistan Stock Exchange in the off-market hours. These orders are placed in the stock market at starting of next day trading session.