Stock exchange can change the fate of investors. As this investment does not depend upon investors luck. It only need some basic knowledge of stock market. If you are new investor and want to make profit by investing in Pakistan Stock Exchange read our guidelines carefully.
Long term and short term investment
Traders need to keep their shares for long duration in long term investment. In long term investment they wait and sell shares at very high rates when shares reach their peak value. They also get profits from dividends of companies.
traders or investors sell and buy shares on daily basis and formally called day traders. They need to analyze market day by day and need to take instant actions in selling and buying shares when it gives profit to them.
Criteria for investment in stock exchange
If you have nationality of Pakistan and want to invest in Pakistan Stock Exchange then you must have national identification documents, Pakistani-funded bank account and a brokerage account.
For overseas investors, they need to make a Pakistani bank account with custodial services.
Follow these steps to invest in Pakistan Stock Exchange.
First of all you need to open brokerage account. For account open you need following documents:
- A bank account in Pakistan
- Valid CNIC
- Salary slip
- You should have Trading Right Entitlement Certificate which allow official trading of stocks.
- Solid knowledge of a trading platform which is mainly an online app
- You must be able to analyze market situations, fluctuations in price, and trade accordingly.
You may like our posts: