Learn to invest on the PSX
13 short lessons that take you from "what is a share?" to reading company results. Read them in order or jump to what you need.
Practical guide
How to invest in the Pakistan Stock Exchange: open an account, buy and sell shares (2026 guide)
Step-by-step guide to investing in PSX: choose a licensed broker, open your account and CDC sub-account, buy and sell shares, and understand fees and tax.
The course
- 1What is the stock market? PSX explained for beginnersWhat the Pakistan Stock Exchange is, what a share really is, why prices move every day, and what the KSE-100 index tells you. A plain-English start.Beginner, 6 min
- 2How shares make you money - price gains, dividends and bonus sharesThe three ways PSX shares pay you, how to work out total return, and what compounding looks like using the KSE-100's record since 1991.Beginner, 6 min
- 3How to read a PSX stock quote, line by linePrice, LDCP, open, high, low, volume, bid/ask, circuit breaker, P/E, market cap and free float, explained with a real OGDC quote from PSX.Beginner, 5 min
- 4PSX indices explained - KSE-100, KSE-30, KMI-30 and moreWhat the KSE-100, KSE-30 and KMI-30 index measure, how stocks are picked, and how the All Share, PSXDIV20 and sector indices help beginners.Beginner, 6 min
- 5PSX order types, lots and trading rules for beginnersMarket vs limit orders, one-share lots and the odd-lot market, circuit breakers and market halts, T+1 settlement and PSX trading hours, explained simply.Beginner, 6 min
- 6Dividends, bonus shares, splits and rights issues on the PSXHow PSX cash dividends work as a % of face value, book closure and ex-dates, dividend tax, bonus shares and their 10% tax, stock splits and rights issues.Beginner, 6 min
- 7How to read company results - EPS, P/E, ROE and moreLearn to read a PSX financial results announcement - revenue, profit after tax, EPS, payout ratio, P/E, P/B, ROE and debt, with simple worked examples.Intermediate, 6 min
- 8Shariah-compliant investing on the PSX, a beginner's guideHow PSX stocks are screened for Shariah compliance, how the KMI-30 and KMI All Share indices work, Islamic mutual funds, and how to purify dividends.Beginner, 5 min
- 9Risk, diversification and how much to invest on the PSXHow deep PSX falls can be, how to spread your money, how much to put in each stock, why you need an emergency fund, and why never to borrow.Beginner, 5 min
- 10Fundamental vs technical analysis for PSX beginnersWhat fundamental and technical analysis are, how 50-day and 200-day moving averages work, and support and resistance, using the KSE-100 in 2026.Intermediate, 6 min
- 11Mutual funds vs buying stocks directly in PakistanHow mutual funds in Pakistan work, fund types and fees, the minimum investment for funds and for the Pakistan Stock Exchange, and which route suits you.Beginner, 6 min
- 12Avoiding stock market scams and fake trading apps in PakistanHow fake trading apps, WhatsApp signal groups and guaranteed-return schemes work, the SECP warnings, and a simple checklist to keep your PSX money safe.Beginner, 6 min
- 13PSX glossary of 95+ stock market terms, A to ZPlain-English definitions of PSX terms for beginners, from AGM, ATL and BMR to CDC, CGT, LDCP, NCCPL, TREC, UIN and XD, one line each.Beginner, 7 min