Reading PSX announcements: material information and the disclosure feed, decoded
Results, dividends, board meetings, rumours denied — the PSX disclosure feed is where company news becomes official. Learn to read it before the market does.
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Skip to content20 more long-form guides — market rules and protections, then the core investor-skills series: statements, ratios, portfolio construction and risk management. See also the economy and market series and the 44 Learn guides. Educational content only, not financial advice.
Results, dividends, board meetings, rumours denied — the PSX disclosure feed is where company news becomes official. Learn to read it before the market does.
Trading on secret price-sensitive information is illegal in Pakistan. What counts as inside information, who polices it, and the warning signs investors can spot.
Broker won't release your shares? Dividend missing? From the broker's desk to SECP's complaint portal and PSX arbitration — the ladder of remedies, step by step.
Almost every PSX share carries a face value of Rs 10 — a legal label from incorporation day that says almost nothing about what the share is actually worth.
Price times shares outstanding: market capitalisation is how investors sort companies into large, mid and small — and why the KSE-100 cares about free float.
Revenue at the top, profit at the bottom, and every cost of running the business in between — a line-by-line walk through a PSX company's income statement.
Assets on one side, liabilities and equity on the other — the balance sheet is a snapshot of what a company owns, what it owes, and what belongs to shareholders.
Profit is shaped by accounting rules; cash is harder to argue with. The cash flow statement shows where a company's money actually came from and went.
A company paying out 40 per cent of profits keeps room to grow and room for error. The payout ratio and dividend cover show the cushion behind a dividend.
Return on equity and return on assets measure how hard a company's money works — and, read together, reveal whether profits come from efficiency or leverage.
Borrowed money magnifies both success and failure. Gearing, interest cover and a handful of balance-sheet ratios show whether a company's debt is fuel or a fuse.
Profit is an opinion until it turns into cash. Working capital — current ratio, quick ratio, the cash conversion cycle — shows how fast a business turns stock and invoices into money.
A portfolio is not a pile of tips. It is a structure: money split by purpose and risk, position sizes chosen on purpose, and a rebalancing rule you follow when it feels hardest.
Spreading money across shares smooths the ride — until the whole market falls together. An honest look at what diversification fixes in Pakistan, and what it cannot.
Professionals obsess less over what to buy than over how much. Risk-per-trade arithmetic — the 1 percent idea, stop distances and worst cases — explained in plain rupees.
The market's most expensive opponent sits in your own head. Herding, recency, loss aversion and home bias — how they show up on the PSX, and the systems that keep them in check.
Four times a year the PSX tells the truth in numbers. How results season works — the calendar, the announcement flood, and a fast, repeatable way to read what actually matters.
Dividends on the PSX arrive on a rhythm — final, interim, book closures in between. How to map a year of payouts, read entitlement dates correctly, and plan cash flow without chasing yield.
Owning shares creates a tax life: an ATL status that changes your withholding, NCCPL statements that prove your gains, and an annual return where it all must agree. The process, explained.
Invest the same amount every salary day, whatever the headlines say. How rupee-cost averaging works, what the maths really shows, and when a lump sum honestly beats it.
One email now. A clearer investing experience later.