PSE accounts increase towards 3-M mark on development in digital trading
MANILA, Philippines– The number of accounts at the Philippine Stock Exchange (PSE) neared the 3-million mark last year. This suggested a 50-percent rise as more retail financiers, particularly millennials and Gen Zs, joined through digital platforms. PSE, the operator of the local bourse, said accounts reached 2.86 million in 2024, representing the greatest tally
Retail financiers accounted for 98.9 percent of the overall count, while institutional investors comprised the remaining 1.1 percent. Millennials, or those aged 30 to 44, again dominated the number of accounts, cornering 48.8 percent of the overall from 45.6 percent previously. Those making less than P500,000 a year took up the largest portion of retail accounts at 82.4 percent, up from 70.9 percent.
Retail financiers accounted for 98.9 percent of the total count, while institutional investors consisted of the remaining 1.1 percent. Millennials, or those aged 30 to 44, once again controlled the number of accounts, cornering 48.8 percent of the overall from 45.6 percent previously. They owned 28.4 percent of online accounts, up from 21.5 percent. Those earning less than P500,000 a year took up the largest portion of retail accounts at 82.4 percent, up from 70.9 percent. Financiers making more than P1 million reduced to 10.9 percent from 14.7 percent.
