List of stock exchange brokers in karachi
What makes the price of a stock change? Companies are expected to earn profit. If profits increase, the stock price will likely increase. Even if investors think the earnings will increase, the stock price may go up. If good news comes out on a company, the price, and demand for the stock may go up. With bad news, the price and demand may go down. The price of a stock is even more dramatically affected when supply is very high or very low.
It is not so uncommon for certain unscrupulous individuals to "create" news or other financial information, for the purpose of duping unsavy investors into creating a demand situation, into which, the unscrupulous-one "sells into" and makes an unfair profit.
There are several different prices: Opening Price is the first price paid after trading starts, usually when the stock exchange "opens its trading doors", usually in the morning.
Sometimes, opening price is higher or lower than the closing price of the previous day orders are placed overnight, and after stacking up, affect the demand- and, thus, the opening price.
Closing Price is opposite- its the price of a stock when the market closes- the price "at the close". Ask price is the price you will pay for a stock and is slightly more than the trading price because it includes a dealer "commission". Bid price is what the broker, or agent, will buy your stock for and is slightly less than the trading price because it includes a dealer "commission". Spread is the difference between the bid price and the ask price.
If many buy orders come through the specialist, the price for the stock will be increased. If many sell orders come across the desk, the price will go down. Supply and demand drives stock prices. Lots of orders reduces the spread- thinly traded stocks have a higher spread. Stock Exchanges in Pakistan. It was later converted and registered as a Company Limited by Guarantee on 10th March, Initially, 90 members were enrolled, however, only half a dozen of them were active as brokers.
Similarly only 5 companies were listed with a paid up capital of Rs. Now KSE has emerged as the key institution of the capital market of Pakistan with: Listed companies , securities listed on the exchange Lahore Stock Exchange Guarantee Limited came into existence in October , under the Securities and Exchange Ordinance, , of the Government of Pakistan in response to the needs of the Provincial metropolis of the Punjab.
Only 83 members had its memberships and it was housed in a rented building in the crowded area of Bank Square in exotic city of Lahore. The number of members has increased from 83 to over a period of 25 years. The past seven years have seen Lahore Stock Exchange come to its own. Business has been steadily on the increase. Clearing House activities are fully computerized, computer ordering has been implemented. All orders are treated in strict price and time priority, thus ensuring a pure auction market where no order is overlooked or traded through.
In this manner, the best trade is executed and passed on to the participants without human interference. Printed confirmation and status messages are immediately received by a member for each of his order.
Islamabad Stock Exchange joined hands with Lahore Stock Exchange on 30 April to establish a Unified Trading Platform to help in bringing increased liquidity in the market, improving price discovery , maximizing transparency, increasing turnover, broadening investor base, curtailing risks and distortions in trade, providing cost effective service to the investing public and enhancing the image of both the Exchanges. ISE intended to construct a high-rise structure in order to cope with the up-coming demands of stock exchange business.
For this purpose, ISE build new building which is properly designed using latest techniques to withstand any natural disasters like the Kashmir earthquake that lead to the collapse of the high-rise Margalla Towers in Islamabad. ISE tower is a storey building, which makes it the second highest building of Islamabad after the Telecom Tower.
Basements have capacity to accommodate three hundred cars at a time. The building also accommodates a plant room for latest HVAC system requirements. Ground floor is allocated for meeting the requirements of banks. Each floor is covered by 6 passenger lifts and one cargo lift along with three stairwells. A central cooling and heating system is provided in the building.
The building is also equipped with latest communication and electrical systems. For a safe working environment, properly designed fire fighting system is provided along with the emergency fire exists. It is also the first building in Islamabad to have an LCD screen attached on it.
The construction started in early and the Towers were completed in April From Wikipedia, the free encyclopedia. This article does not cite any sources. Please help improve this article by adding citations to reliable sources.