The stock market or equity market is a type of share market where people claim for there business interests. Now, this market provides an exchange market for buyers and sellers, where they can sell shares of stocks, bonds, and other securities.
Overall Pakistan, multi-national companies use stock listed on a stock exchange. This makes the stock more liquid and thus more elegant to the investors and different buyers.
The stock market in Pakistan is a platform of securities exchanging, where traders can buy and sell securities. Usually shares of stock and bonds as well as other financial instruments. Stock exchange provides traders with the stock market where they exchange their interests and securities led by the large mass company units respectively.
The Pakistan Stock Exchange- PSX is the acting stock exchange company of Pakistan owned by the GOP- Government Of Pakistan. PSX is meanwhile working on the floor of Lahore, Karachi, and Islamabad.
With the merging of individual stock exchanges of Karachi, Lahore, and Islamabad. PSX was established on 11 January 2016. The increase or decrease in Pakistani value is due to the stock exchange causes. Pakistani currency is used in stock exchange, however, a number of 559 listings have been seen till this year; February 23, 2018.
Pakistan stock exchange was formed to set aims for good business terms, to help reduce market fragmentation as well as a strong case for attracting strategy based partners and leaders for necessary expertise and advisory assistance.
A few couples of days back, we heard a news that Dollar has been continuously losing value against the rupee. According to a dealer, the dollar in Pakistan is dropping even below the interbank rate, suggesting ample value in the open market. The cited rise in the country’s currency is the general elections
However, another major reason for the rise of the stock exchange is the strict orders of the State Bank Of Pakistan about the transformation of cash.
Anyhow, elections had formed a positive margin of the interbank market with slight fluctuations which remain closed at about Rs.128 versus Rs.128.40- 128.50 relatively on 24th of July, a day before the general elections.
Now let’s see, what causes stock exchange to rise or decline in Naya Pakistan.