Pakistan’s stock market attracted a record number of investors during FY26, with the number of Unique Identification Numbers (UINs) linked to the Pakistan Stock Exchange (PSX) rising to an all-time high of 583,000, according to Arif Habib Limited (AHL).
The latest data shows UINs increased 48 percent year-on-year, reflecting a sharp rise in investor participation as the PSX delivered one of its strongest years on record. T
The 583,000 figure was earlier reported by ProPakistani at the start of 2026-27.
A steady rise in investor registrations over the past several years has been observed, followed by a sharp acceleration in FY25 and FY26.
Between FY16 and FY23, the number of registered investors remained largely stable, fluctuating between 230,000 and 300,000. Growth picked up in FY24 before accelerating significantly over the next two years.
By the end of FY26, the number of UINs had climbed to 583,000, an all-time high.
The blue line in the chart tracks the KSE-100 Index, which also surged sharply in FY25 and FY26.
According to AHL Research, monthly UIN registrations have nearly doubled over the past three years, increasing from around 300,000 to approximately 580,000.
A UIN is required for investors to trade shares on the Pakistan Stock Exchange, making it a key indicator of retail and institutional participation in the country’s equity market.
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