Karachi June 20 2025: The latest data on brokerage performance reveals a strong showing from top-tier firms across key trading and investor activity indicators on the Pakistan Stock Exchange (PSX).
Categories covered include most active accounts, new UIN registrations, traded volume and value, and participation in Government Ijarah Sukuk (GIS) auctions.
Most Active Accounts
AKD Securities Limited topped the list for the highest number of active accounts, followed closely by Mohammad Munir Mohammad Ahmed Khanani Securities Ltd and JS Global Capital Limited. Other notable entries include Arif Habib Limited and KTrade Securities Ltd, indicating sustained investor engagement across both retail and institutional segments.
New UINs – Investor Onboarding
JS Global Capital led the industry in generating new UINs (Unique Identification Numbers), highlighting its outreach and client acquisition capabilities. AKD Securities, KTrade, and MMMAK Securities also made the top five, while names like Syed Faraz Equities and Zahid Latif Khan Securities rounded off the list, reflecting expanding market penetration beyond traditional players.
Trading Activity – Volume and Value
MRA Securities emerged as the leader in both traded volume and traded value, showcasing its dominance in high-frequency and high-value trades. AKD Securities and JS Global maintained strong positions in both categories, with MMMAK Securities, Adam Securities, and Intermarket Securities (formerly EFG Hermes) also ranking high in terms of execution.
Geographic Spread – New UINs by City
Karachi continues to lead in investor onboarding, followed by Lahore and Islamabad. This reinforces the dominance of major urban centers in capital market participation. Secondary cities such as Faisalabad, Multan, and Gujranwala are also showing growing interest in equity investments.
GIS Auction Participation
JS Global Capital placed the highest value of bids in the recent GIS auction, ahead of Next Capital and MMMAK Securities. Arif Habib Limited and BMA Capital were also active bidders. In terms of number of investors participating, Arif Habib Limited topped the charts, followed by AKD Securities and Topline Securities. A broad array of brokers including Chase Securities, Optimus Capital, and Zahid Latif Khan Securities also facilitated investor participation in this key government instrument.
