Pakistani youth take keen interest in investing in PSE

A marked increase has been noticed in the interest of young investors in the Pakistan Stock Exchange (PSX), reported the 24NewsHD TV channel on Thursday.

According to a report by the Arab News, over 180,000 new retail investors got themselves registered with the PSX between August and May during the last financial year (FY).

The newspaper has said that the investors belonging to the age group, 18 to 30, totaled 74,629, making 41 per cent of new registrations.

The paper writes that on average; 15,000 new accounts are being added to the PSX every month. “Of these, 40 per cent are of young investors.”

According to the Arab News, the economic reforms introduced by the government and the IMF programme created macro-economic stability which eventually led to an improvement in the performance of the stock exchange.