Russian investors began to lose interest in the stock market. The Bank of Russia said that over the past year, the average volume of a brokerage account has halved and the proportion of empty brokerage accounts has risen to 66%.
The stock market began to lose popularity among private investors as a tool to preserve and increase capital. This is stated in the “Review of key indicators of professional participants in the stock market”, prepared by the Bank of Russia.
Over the past year, the average volume of a brokerage account has halved and amounted to 205 thousand rubles, and the proportion of non-funded accounts has increased from 63% to 66%, the Central Bank noted.
The total market value of the assets of Russian private investors in 2022 fell by 28% to 6 trillion rubles. In securities, including stocks and bonds, investors held 5.3 trillion rubles, about 600 billion rubles, in rubles and foreign currency.
The regulator explained that the decrease in the value of assets was affected by the revaluation of titles, the freezing of assets and the withdrawal of funds from accounts.
At the end of February, the number of private investors on the Moscow Stock Exchange amounted to 24 million people. For the whole of 2022, the trading volume on the site reached a record 1.1 qdrln rubles.
Author:
Kirill Bilyk
Source: RB
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