New house for the PSE

LAST Friday was the deadline for submission of entry for the Virtual Stock Trading Challenge of

as hosted by this column. To reiterate, the program was initiated to help promote, in some way, the development of the capital market– the - tive conduit for the demand and supply of debt and equity capital – which one economist aptly explained, “will lead to the vital functioning of an economy, since the capital market is a critical component of generating economic output.”

stock trading contest is designed to raise the literacy and skill of the general public to trade gainfully in the stock market – again, a way that should ultimately encourage more savings and investments from the populace to support economic activity and help fund government development initiatives.

We already have the lineup of contestants for the virtual stock trading game. start trading on March 1.

*** Lest it be too late, let’s take this opportunity to congratulate, at the same time, convey some thoughts to the members of the board of directors local bourse under one roof. This development is a very positive step toward enabling the institution to further harness its energy to increase the local market to handle transactions at par with the larger and more popular investment houses.