Investment, Beginners Stock, Stock Market
Stuck at Home, More Filipinos Unlocking Financial Opportunities through Investing in Stocks
Stuck at Home, More Filipinos Unlocking Financial Opportunities through Investing in Stocks
Thanks to the Boom in Online Trading Platforms
The investing and trading landscape in Philippine equities has changed with the onset of the pandemic. President Monzon, CEO of the Philippine Stock Exchange, said that 2021 is a “positive” year for the stock market as more firms will turn to equities to raise capital as banks keep lending requirements tight
At the end of August, foreign investors accounted for only 33.1 percent of trading turnover, a 30.8 percent decrease from their volume contribution in the same period a year ago. Despite the exit of foreign investors from the Philippine equities due to the threat of the COVID-19 virus, the PSE’s daily average trading volume increased by 22.3 percent by the end of August, which means the market has been able to sustain volumes, thanks to local investors.
With the advancement of financial technology and online trading platforms, investing has become more convenient and accessible. Easy-to-use platforms like Investa, eToro and COL Financial teach Filipinos how to invest their money wisely. Furthermore, as more individual investors participate in the stock market, they assist new and established businesses in raising capital to open new business opportunities, thereby accelerating the country’s economic recovery.
It is hoped that more Filipinos will invest in the stock market, but we don’t want them to do so blindly. Any positive financial outlook requires awareness and literacy. This pandemic demonstrated the importance of financial preparedness, and it is intended to remain at the forefront of the country’s investor education initiatives.
MUST-READ AND SHARE!
Compilation of Blogs to Get Started with Beginner Stocks
2023 Your Practical Wedding Guide
Investments and Finance Ultimate Guide
Your Ultimate Access to Kuwait Directories in this COVID-19 Crisis
A Devotional Journal: Thankful from Within
A Devotional Journal: Faith Can Move Mountains
A Devotional Journal: Healing with Hope as Life Goes On
If you like reading this, please like and share my page, DIARYNIGRACIA PAGE. Questions, suggestions, send me at diarynigracia@gmail.com
You may also follow my Instagram account featuring microliterature #microlit. For more of my artworks, visit DIARYNIGRACIA INSTAGRAM
Disclaimer: Information on this site is for informational purposes only and should not be considered financial advice. We are not financial advisors, and our content should not be taken as professional recommendations. Consult a qualified financial advisor before making any decisions. We are not liable for any losses resulting from reliance on our content.
For Additional Info Refer to the other Blog:
READ MORE ABOUT TSOK
Ma. Sherylin Cudiamat-Ardios: Journey to Success in the Special Board Passers Interview
A multi-award-winning blogger and advocate for OFWs and investment literacy; recipient of the Mass Media Advocacy Award, Philippine Expat Blog Award, and Most Outstanding Balikbayan Award. Her first book, The Global Filipino Bloggers OFW Edition, was launched at the Philippine Embassy in Kuwait. A certified Registered Financial Planner of the Philippines specializing in the Stock Market. A recognized author of the National Book Development Board of the Philippines. Co-founder of Teachers Specialist Organization in Kuwait (TSOK) and Filipino Bloggers in Kuwait (FBK). An international member of writing and poetry. Published more than 10 books. Read more: About DiaryNiGracia
Acknowledgements
DISCLAIMER
Peace and love to you.