Asalamualikum
1-Can anyone shed some light on Stock Exchange?
stock exchange is a form of exchange which provides services to traders to trade in stocks.
2-Is it wise to invest in Islamabad Stock Exchange?
NO. work with Karachi stocks or work in those shares that r listed at all Pakistani stock exchanges.
3-Is it wise to work without a broker if investing first time?
u cannot trade without a broker. they charge commission that is i think nominal
4-which stocks are best to buy now a days?
all stocks r good to buy. do ur homework (extensive and comprehensive) before investing.
i recommend, just select 15 to 20 companies, gather all the data about their operating performance, finanicila performance, earnings, payout etc.
5-Other tips and suggestions
best forum to discuss all about shares stocks etc is Tezi Mandee - Community Of Pakistani Investors & Traders not pakwheels
Jazak Allah.