Companies raise record P234B capital in PSE | BusinessMirror

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PSE registered a new record for capital raised in the stock market at P234.48 billion in 2021, breaking the previous high of P228.33 billion in 2012, on the back of the biggest initial public offering (IPO) in the history of the Exchange and REIT listings

THE Philippine Stock Exchange, Inc. registered a new record for capital raised in the stock market at P234.48 billion in 2021, breaking the previous high of P228.33 billion in 2012, on the back of the biggest initial public offering in the history of the Exchange and REIT listings.

“We are pleased that more companies chose to raise funds through the PSE. Their confidence in the stock market made it possible for us to achieve this record capital raising number,” said PSE President and CEO Ramon S. Monzon. Daily average value turnover for the year was at P9.00 billion, up by 22.5 percent from 2020’s P7.35 billion average.

A surge in retail investor participation was also logged in 2021 at 31.1 percent, from 18.2 percent in 2019 and 26.9 percent in 2020.

 

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