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Retail investors shift to net sales of stocks first time from November 2022

Credit institutions - systemic and other banks purchased securities totaling $113.1 mln and $118.5 mln respectively

MOSCOW, April 8. /TASS/. Retail investors shifted to net sales of stocks for the first time since November 2022 and sold them to the amount of 37 bln rubles ($402.1 mln), according to the financial market risk review posted on the website of the Bank of Russia.

The market was supported by noncredit financial organizations and the banking sector. Noncredit financial organizations purchased stocks worth 18.6 bln rubles ($202.1 mln). Credit institutions - systemic and other banks purchased securities totaling 10.4 bln rubles and 10.9 bln rubles respectively ($113.1 mln and $118.5 mln).

The stock market continued growing at the same time. The MOEX Russia Index gained 2.3% as of the end of March and was at its highest over the last two years in mid-month (3,332.6 points).

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