PSX for beginners, explained plainly.
Short, checked guides to how the Pakistan Stock Exchange works: its timings, how the KSE-100 is built, what upper and lower locks mean, and when your shares arrive.
- Market timingsPSX timings: when the market opens and closesPSX timings for every trading day: when the Pakistan Stock Exchange opens and closes Monday to Thursday, on Friday and in Ramadan. Closed on Saturday.
- IndicesWhat is the KSE-100 index?What the KSE-100 index is, how PSX picks its 100 companies by free float, what its points mean, and how it differs from the KSE-30 and the KSE-100 PR index.
- Market rulesUpper lock and lower lock in PSXWhat upper lock and lower lock mean in PSX, the daily limit of 10% (or Re 1), and the circuit breaker that halts the whole market when the KSE-30 moves 5%.
- SettlementT+1 settlement on PSX: what it meansWhat T+1 settlement means on PSX: since 9 February 2026, trades settle one business day later. Settlement dates by weekday, and what changed from T+2.
- DividendsBook closure and the ex-dividend date on PSXWhat book closure means in the share market, how the ex-dividend date and entitlement date work on PSX under T+1, and the last day to buy for a dividend.
- Market depthHow to read a PSX order book (market depth)How to read market depth on the Pakistan Stock Exchange: bids, offers (asks), the bid-ask spread and the size waiting at each price, with a worked example.