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The market, explained
Plain-English writing on reading PSX companies, valuing them, and thinking clearly about risk.
Latest Market structure · · 5 min read
PSX market types explained — Ready, futures, and "spot"
PSX trades in four ways — Ready Market (T+1), two futures contracts and the disclosed NDM (T+0 to T+60). "Spot market" is not one of them.
Read it Market structure
Pakistan moved to T+1. What the evidence says
The PSX halved its settlement cycle in February 2026. What the US and India saw doing the same — and why Pakistan's index status probably won't move.
· 10 min read
Market structureBook closure and the ex-date, after T+1
PSX's ex-dividend rule changed with T+1 — from two settlement days before book closure to one. What the rulebook actually says, and what it doesn't.
· 7 min read
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