Retail investors becoming top net sellers of stocks in 2024 — Bank of Russia
Net sales of stocks of Russian companies by the population amounted to 113.9 bln rubles ($1.2 bln) over the year
MOSCOW, February 6. /TASS/. Retail investors became the top net sellers of Russian companies’ stocks in 2024, the Central Bank said in its financial risks review.
"Retail investors making about 75% of transactions (by the volume) became the largest net sellers of stocks as of 2024 year-end. Net sales of stocks of Russian companies by the population amounted to 113.9 bln rubles ($1.2 bln) over the year, including 54.5 bln rubles ($564 mln) accounted for December 2024," the Bank of Russia said.
Individuals also proactively participated in initial offerings of Russian stocks, the Central Bank noted. Fifteen initial public offerings (IPO) were staged in Russia last year.
"Fifteen IPOs were held in total in 2024, with their total volume amounting to 65 bln rubles ($672.7 mln), while the share of retail investors in initial offerings was in the range from 34% to 47%," the regulator said.