The Pakistan Stock Exchange (PSX) released its brokerage firms ranking for December 2023, providing insights into brokers’ performance based on various metrics.
Most Active Accounts:
The rankings list AKD Securities Limited (formerly BIPL Securities) at the forefront, followed by M. Munir Khanani Securities Limited and Arif Habib Limited. The top five are rounded out with JS Global Capital Limited and BMA Capital Management Limited.
New Unique Identifiers (UINs):
JS Global Capital Limited leads in new UIN acquisitions, with AKD Securities maintaining a strong presence. Ktrade Securities Limited, M. Munir Khanani Securities Limited, and Arif Habib Limited are also significant contributors in this category.
Traded Volume:
MRA Securities Limited topped the traded volume category, indicating the highest number of shares traded. AKD Securities and Growth Securities (Pvt) Limited are also key players, with M. Munir Khanani Securities and Adam Securities Limited completing the top five.
Traded Value:
MRA Securities Limited again leads regarding traded value, suggesting a significant value of shares traded. AKD Securities and M. Munir Khanani Securities follow, with Adam Securities and JS Global Capital Limited being significant contenders.
Geographical Spread – New UINs:
Karachi, Lahore, and Islamabad/Rawalpindi are the top cities for new UINs, showcasing their economic vitality. Faisalabad and Multan follow closely, indicating a healthy spread of new investment interest across major urban centres in Pakistan.
The rankings reflect the competitive landscape of Pakistan’s brokerage industry, highlighting firms excelling in customer acquisition and trading activity.
