Retail investors rise 200% on BSE
Wednesday, October 08, 2014
Mendis
According to the BSE 2013 Annual Report released this week, local individual contribution to turnover in 2013 was 8.7 percent rising by nearly threefold over the past five years from three percent in 2008.
The BSE registered a record turnover of P2.3 billion in 2013, meaning retail investors traded shares worth P200 million on the bourse in the year.“Over the past three years, local individual investor contribution to turnover has averaged 8.4 percent.
It is a clear signal that the government’s purse is empty and that our own behaviour has left veterinary officials fighting with one hand tied behind their backs. We have been here before. During COVID-19, many of us thought we knew better. We ignored simple rules, we carried on as if the danger was someone else’s problem, and the virus took lives and left our economy on its knees. We are still broke from that experience. Yet now, with FMD...