ETFs on the Rise with a turnover of P305 Million

I always tell new investors to focus on ETFs because they are not as risky and demanding as individual stocks, and this year as reported by BSE it has been on a roll;

The BSE's ETF market has shown significant improvement, with an increase in ETF turnover to P305.0 Million—53.3% higher than the previous year. Global demand for commodities like gold drove up the NewGold ETF by 31.1%, and other ETFs have shown promise as well. Additionally, new ETFs gained Local Asset Status (LAS) from regulatory authorities, enhancing their appeal to local investors. This piece would highlight ETF performance and explain how global market dynamics and BSE’s strategic initiatives are making ETFs an attractive choice for investors​

[source:BSE-MARKET-PERFORMANCE]