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Funds of retail investors at broker accounts above $98.9 bln — Bank of Russia

Investors increased their placements not merely in stocks

MOSCOW, December 4. /TASS/. Funds of retail investors at broker accounts are above nine trillion rubles ($98.9 bln), the Bank of Russia said.

"Citizens keep the interest in the stock market in conditions of growing incomes and higher inflation expectations. Growth of quoted prices and dividend payouts also facilitated popularity of Russian stocks. More than 27.5 mln customers are now serviced by brokers," the regulator said.

Investors increased their placements not merely in stocks. They also proactively invested in corporate bonds of oil and gas sector, chemical, and petrochemical sector companies, the Central Bank said.

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