Karachi August 10 2024: New account registrations under Unique Identification Number (UIN) set a record in July 2024, reaching 8,776, with the majority of 7,579 processed online taking total number of accounts to 332,819, according to data reported by NCCPL.
To maintain a traceable link for each trade and transaction, executed in the stock market, NCCPL provides a centralized mechanism for the registration of investors in NCSS by assigning UIN.
The KSE-100 index surged by 21.5 percent during the year and provided a staggering return of 65 percent over the last year
May 2024 saw a significant increase in registrations, totaling 8,189, with 6,776 completed online. In contrast, March 2024 had the lowest total registrations at 5,368, with 4,588 processed online due to holy month of Ramadan.
| Total UINs Registered during FEBRUARY 2024 – JULY 2024 | |||
|---|---|---|---|
| Month | Total UINs | Online Process | Normal Process |
| FEB-24 | 6,207 | 5,310 | 897 |
| MAR-24 | 5,368 | 4,588 | 780 |
| APRIL-24 | 6,211 | 5,373 | 838 |
| MAY-24 | 8,189 | 6,776 | 1,413 |
| JUN-24 | 5,546 | 4,606 | 940 |
| JUL-24 | 8,776 | 7,579 | 1,197 |
Overall, the data suggests from a period from February 2024 to July 2024 a strong and growing reliance on the online registration system, especially during peak months like May and July.
AKD Seucrities, Arif Habib Limited, Muhammad Munir Muhammad Ahmed Khanani, K-Trade Securities Limited and JS Global Capital Limited are among the top five securities broker with respect to registration of new UIN during July 2024.
All registered UINs are provided to the stock exchange by NCCPL and stock exchanges link up the UINs with the trading systems at their end and it is mandatory for the Members to enter client code / ID having such UIN while placing any order in the trading system. The trading systems of the stock exchanges verify the client code / ID with the UIN registration details on Pre-trade basis and reject any order failing this validation.
| Total UIN Registered in NCCPL (with Active Trading Account) Statistics | ||||||
|---|---|---|---|---|---|---|
| Sr. # | UIN TYPE | Active UIN as at JUNE 30, 2024 | UIN opened during JUNE 2024 | UIN closed during JUNE 2024 | Converted to RDA during JUNE 2024 | Active UIN as of JULY 31, 2024 |
| 1 | Individuals | 298,244 | 4,133 | -848 | – | 301,529 |
| 2 | Corporate Companies | 1,826 | 10 | -2 | – | 1,834 |
| 3 | Broker Clearing Members | 200 | 0 | 0 | – | 200 |
| 4 | Fund /Others | 1,300 | 4 | -2 | – | 1,302 |
| 5 | Foreigner Individuals | 16,204 | 143 | -47 | (50) | 16,250 |
| 6 | RDA/NRPs | 11,518 | 142 | (6) | 50 | 11,704 |
| Total UIN Registered | 329,292 | 4,432 | (905) | – | 332,819 | |
As of July 31, 2024, the total number of UINs (Unique Identification Numbers) registered with active trading accounts in NCCPL saw a net increase from 329,292 in June to 332,819 in July. This growth was driven primarily by individual account holders, who contributed the most significant change, with 4,133 new UINs opened and 848 closed, resulting in an increase to 301,529 active UINs by the end of July.
Corporate companies also experienced a slight rise, with 10 new UINs opened and 2 closed, bringing their total to 1,834. Broker clearing members remained constant at 200, with no changes during June. Funds and others showed minimal activity, with only 2 UINs closed and 4 opened, leading to a total of 1,302 active UINs.
Among foreign individual account holders, 143 new UINs were opened, 47 were closed, and 50 were converted to RDA (Roshan Digital Accounts), leaving 16,250 active UINs. The RDA/NRP (Non-Resident Pakistani) category also grew, with 142 new UINs opened and 6 closed, offset by the 50 conversions, resulting in 11,704 active UINs. Overall, the data reflects a steady increase in active UINs across most categories, particularly among individual and foreign individual account holders.
