ISLAMABAD (Lord Media): The Pakistan Stock Market has witnessed a record 48% increase in the number of investors, according to the Securities and Exchange Commission of Pakistan (SECP). Over the past year, more than 190,000 new investors have joined the market, pushing the total number to over 583,000.
Among the new investors, 45% are aged between 18 and 30, while 41% are aged between 31 and 45. The SECP noted that the significant number of young investors indicates growing interest among the youth.
Statistics reveal that Karachi leads with 25% of new investor accounts, followed by Lahore with 16%. Islamabad and Rawalpindi collectively contributed 13% of new investors to the stock market.
The investment process has been simplified by increasing the limit of the facilitation account from 1 million rupees to 3 million rupees. Facilities for opening accounts through banks and digital platforms have been provided, and initiatives like IBAN verification and minor trading accounts have further facilitated investors.
SECP Chairman Dr. Kabir Ahmed Sidhu stated that connecting youth to the capital market is a top priority for the institution. He revealed plans to introduce a digital onboarding mobile app to simplify investments further. He emphasized that the capital market can play a crucial role in economic growth by transforming public savings into productive investments.