Less than half a million Filipinos invest in stock market
June 25, 2008
A recent survey conducted by the Philippine Stock Exchange (PSE) showed that very few Filipinos participate in the stock market.
According to the survey, there were only 430,681 accounts being maintained for Filipino investors by PSE trading participants in 2007 – representing not even 1/2 of 1% of the 89 million population of the Philippines.
Of the total, only 103,412 or just a little over 1/10 of 1% of the population were considered active or involved in at least one trade in a year.
The figures are in stark contrast with that of other Southeast Asian nations.
Singapore has the highest proportion of its population — around 33% — with investments in the stock market. Japan and Australia both have roughly 25% each; while Malaysia has 18%; Hong Kong, 17%; and Korea, 10%.
As the Philippine stock market continues its decline, the disappointing numbers will certainly worsen as more Filipino investors flee the stock market looking for safer investment opportunities.
Now that a global recession seems imminent, will you remain to be in or do you choose to be out of the stock market?
June 26th, 2008 at %I:%M %p
I think we need a program to teach basic financial literacy for Filipinos. There is much pessimism in investing in the stock market that knowledge could be the solution.
June 26th, 2008 at %I:%M %p
how about money to invest…to start with.
December 23rd, 2008 at %I:%M %p
I totally agree that financial education is the solution on this problem and not the money – which is not real because it is just an instrument. Having equipped with financial education, I believe we can invest on any instrument using other’s money – which they called leveraging. to incorporated in the curriculum of the our education system is a must.
January 3rd, 2009 at %I:%M %p
I think that either Filipinos are not risk takers or they don’t have enough knowledge in the stock market. I have blogged about “how stock market works” in my blog helping people arm with the right financial literacy not only in investments but also in entrepreneurship, finance, money management, and self-motivation.
November 5th, 2009 at %I:%M %p
It would be interesting to correlate the stock market penetration rate and the % of the population below the poverty line. That could be an angle.
Education is another.
Here’s a wild idea. How about investing via text?