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Announced Thu, 25 Jun · 19:54 IST

Pakistan's Gen Z taking to investing in stocks in big way, claim stock managers

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Awaiting price reaction for this filing.

AI summary

Pakistan's Gen Z investors aged 18-30 made up 41 percent of new PSX accounts in fiscal year 26, with average monthly account openings tripling to 15,000. The PSX KSE-100 index has surged 43 percent year-to-date, but Pakistan's stock market investor base remains below 0.2 percent of its 260 million population compared to India's 6 percent and Bangladesh's 1-2 percent. The country avoided a debt default with a USD 37 billion IMF package, though GDP growth at 3.7 percent missed targets and the new federal budget targets 4 percent growth.