The PSE said the hike in retail accounts supported the increase in - TopicsExpress

The PSE said the hike in retail accounts supported the increase in total investor accounts by 4.1 percent to 525,850 accounts from 505,054 accounts in 2011. Of the total 525,850 accounts, retail investors comprise 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 or accounts not classified as institutional accounts. “Our growing retail investor base has played a significant role in sustaining the high levels of trading activity in the market,” PSE President-CEO Hans B. Sicat said.

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