By: Ariana Méndez Lugo – Inspenet TV – November 4, 2021
The stock market sector in Mexico experienced a 3.6-fold increase in the participation of small investors in the Stock Market in a year of pandemic thanks to the introduction of smartphones and the free time of Mexicans.
Although it is true that the Covid-19 pandemic put global stability in check in all areas, the macroeconomic issue is perhaps the hardest hit after the planet’s health focus. However, not everything is negative for the world of numbers and capital exchange, since the stock market in Mexico has become number one among those that have experienced growth in pandemic times.
According to data from the National Banking and Securities Commission in the Aztec nation, by March 2020 when confinement was decreed, the 35 brokerage houses grouped 383,323 investors while by March 2021 the number of capitalists rose to 1,384,594, that is, Mexico it experienced a clear increase of 3.6 times in a year, despite the economic depression and the effects of the global health problem.
According to the certified specialist in investments in the Stock Exchange that brings together the largest Spanish-speaking community for traders in training, Julio Chauvet, there are two specific factors for ordinary citizens to enter the stock market: the introduction of smartphones and the time available for Mexicans to delve deeper into stock market knowledge from the applications available for smartphones.
Similarly, the expert assures that the pandemic became the final touch that technology required for the stock market to experience the power of small investors and tech companies to leverage the digitalization of business.
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