The day - accounts to invest in the stock market houses triple in 2021

Mexico City.The stock market houses operate in Mexico registered a record of investment accounts in the Mexican stock market in the middle of the Coronavirus pandemic.

Given the interest of the participants to make more money and having more options for this, the number of accounts in stock markets to invest directly in the capital market in Mexico reached two million 396 thousand 359 at the end of September, three times morethat those that were recorded to conclude the third quarter of 2020, only 689 thousand 821.

According to figures from the National Banking and Securities Commission (CNBV), the growth of the number of accounts in the 36 stock market intermediaries operating in the country, led by GBM Plus, was 29.8 percent in the third quarter of 2021, equivalent to 550 thousand 443 contracts, compared to April-June.

86.7 percent of the more than 2 million accounts are subscribed in the GBM Plus Bolsa house, with 2.1 million.They are followed by Actinver, with 91 thousand 314 accounts;Kuspit, 61 thousand 774 and vector, with 28 thousand 345.

However, the number of stock investment accounts represent 4.4 percent of the economically active population (PEA), which is estimated at 56.4 million people.

Flexibility for investors

María Ariza, director of the Institutional Stock Exchange (BIVA), reported that the demand for stock market instruments is growing thanks to the fact that stock markets are making investment more accessible with their technological platforms;since investors are interested in making more money with their assets.

“Investment in high inflation times is important;It is important to invest in instruments that provide us with a profitability above inflation and stock instruments are one of them, ”he said.

Eduardo Calderón, director of Operations of Biva, explained that the rules to invest in the stock market have been very flexible, since some intermediaries with up to 100 pesos allow to invest and gradually increase the heritage.

The value of the custody operations of the 36 stock market houses that make up the sector amounted to seven billion 662 thousand 757 million pesos at the end of September, a figure equivalent to 29.5 percent of the Gross Domestic Product (GDP).

Only the average amount by account or customer in 2011 amounted to 29.4 million pesos.That universe remained unchanged, some years of 33 million and others of 30 million pesos, but on that range.

In June 2020, the average amount was 13.5 million and by September 2021, that average per client of the stock market houses was 3.2 million pesos.That is, the accounts increased, but the investment amounts were lower, there are more access to the market.