Stock exchange retail investors up by 6% in 2012

0

The number of retail investors in the local bourse has grown by 6 percent, supporting the increase in total investor accounts which expanded by 4.1 percent to 525,850 accounts from 505,054 accounts in 2011.

According to the latest poll conducted by the Philippine Stock Exchange (PSE), of the total 525,850 accounts, retail investors accounted for 96.4 percent while the remaining 3.6 percent were classified as institutional accounts.

Institutional accounts are those held by corporations while retail accounts are held accounts.

“Our growing retail investor base has played a significant role in sustaining the high levels of trading activity in the market. The strength of this segment has been supported in large part by the success of online trading, and continuing efforts by the exchange and our trading participants to educate more Filipinos about the stock market,” said, Hans Sicat PSE president and chief executive officer.

Meanwhile, local accounts continued to dominate total investor accounts in the stock market with a 98.5-percent share. The remaining 1.5 percent belonged to foreign accounts.

Foreign accounts, however, remained more active as compared with their local counterparts in 2012.

“Even as total investor accounts have been increasing in the last few years, we want more Filipinos to be able to share in the growth of our listed companies through the stock market,” Sicat said.

Madelaine B. Miraflor

Share.
loading...
Loading...

Please follow our commenting guidelines.

Comments are closed.