PSE Accounts Soar 50% in 2024 as Young, Digital-Savvy Investors Drive Growth

Investor accounts on the Philippine Stock Exchange (PSE) reached 2.86 million in 2024—up by 50.1% from 1.91 million in 2023—marking the highest annual growth since PSE began tracking investor demographics in 2008.

This surge was largely attributed to a 62% rise in online trading accounts, now totaling 2.47 million, driven by easier access via digital platforms. PSE president Ramon Monzon credited the growth to better connectivity and the exchange’s push for financial inclusion.

Retail investors made up 98.9% of accounts, with local investors accounting for 99%. Millennials (ages 30–44) comprised 48.8% of total accounts and 51.6% of online accounts, while Gen Z investors (ages 18–29) followed with 26.5% and 28.4%, respectively. Combined, they held 75.3% of retail and 80% of online accounts.

Investor share from older generations declined: Gen X (45–59) dropped to 17.4% of accounts, and Baby Boomers (60+) fell to just 7.3%.

Geographically, investor concentration in Metro Manila decreased to 49.3%, with growth seen across Balance Luzon (28.4%), Visayas (10.8%), and Mindanao (10.9%).

Female investors edged out male investors with a 50.7% share of total accounts. Most retail investors (82.4%) earned less than P500,000 annually.

Foreign nationals held 0.6% of total accounts, led by Japanese (19.9%), Chinese (19.8%), and Americans (13%).