PSX registers over 10,000 new investors in Oct
MG News | November 19, 2024 at 02:53 PM GMT+05:00
November 19, 2024 (MLN): The new unique registered investor base on the Pakistan Stock Exchange was recorded at a notable 10,001 in October 2024, bringing the total active number of accounts to 345,290, according to data from the National Clearing Company of Pakistan (NCCPL).
To note, that amounts to about 0.1% of the country's total population.
In order 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 Unique Identification Numbers (UINs).
Out of the 10,001 accounts opened, a significant portion—7,943—were created through the online process.
Last month, the total number of accounts opened stood at 8,561. This translates to an increase of 17% MoM.
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