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PSE to introduce more products
The Philippine Star
|January 04, 2024
The Philippine Stock Exchange Inc. (PSE) is laying the groundwork for new products and services this year to inject more life into the market which was mostly sluggish last year.
PSE president and CEO Ramon Monzon said the exchange’s priority for 2024 to 2026 would be to expand its product portfolio to improve market liquidity and pursue new growth areas.
To support these strategic priorities, the PSE has drawn up a list of initiatives starting with a reduced board lot, which effectively allows more retail investors to buy stocks.
“The proposed board lot amendment will significantly decrease the minimum investment to buy stocks at the PSE to as low as P100,” Monzon said.
As such, retail investors with a limited budget will have access to a wider range of stocks to invest in, increasing their overall participation in the market.
A board lot refers to the number of shares defined by a stock exchange as a trading unit.
Dit verhaal komt uit de January 04, 2024-editie van The Philippine Star.
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