"After-hours market" refers to the order placement that occurs outside of the regular, official trading hours of the Pakistan Stock Exchange (PSX). These extended hours allow investors to place buy and sell securities when the market is closed. Off-hours trading provides flexibility and opportunities to react to new information.
Why does After-Hours Trading exist?
The financial world doesn't stop when the trading bell rings. Major geopolitical events, or international market movements often happen after regular market hours. After-hours trading allows investors to:
React to News: Quickly respond to breaking news or company announcements that occur outside of standard trading hours, potentially before the next trading day begins.
Convenience: Place trades at times that are more convenient for their schedule.
Global Influence: Take action based on movements in global markets that might impact Pakistani stocks.
Benefits for Overseas Pakistanis in Different Timezones
For overseas Pakistanis, off-hours trading at PSX offers significant advantages due to time zone differences:
Convenient Access: Trade PSX stocks during hours that align better with their local time, avoiding the need to stay up late or wake up early to participate in the regular session.
Timely Reactions: Respond to PSX-related news, economic data from Pakistan, or events that occur during their daytime hours, even if it's nighttime in Pakistan.
Portfolio Management: Manage and adjust their PSX investment portfolios without disrupting their daily routines in their residing country.