The Pakistan Stock Exchange (PSX) experienced a significant rise in investors registrations in October 2024. According to data from the National Clearing Company of Pakistan Limited (NCCPL), 10,001 new accounts were registered during the month. This marked a 17% month-on-month increase.
Active Accounts Reach 345,290
The surge in registrations has pushed the total number of active investor accounts to 345,290. This figure represents approximately 0.1% of Pakistan’s total population. The data highlights the steady growth of stock market participation in the country.
Online Accounts Drive Growth
A large portion of the new accounts, 7,943 in total, were opened online. This reflects the increasing adoption of digital platforms for stock trading. The ease of opening accounts digitally has made it simpler for individuals to participate in the stock market.
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NCCPL’s Role in Ensuring Accountability
The NCCPL plays a key role in managing stock market transactions. It ensures a traceable mechanism for all trades by assigning unique identification numbers to investors. This system enhances transparency and builds trust among participants.
The recent increase in registrations indicates growing interest in the PSX. Improved digital access, combined with efforts to educate the public about stock trading, has encouraged more people to invest.
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