Attraction of Individuals to Russian Stock Market
The article studies investment activity of the population on Russian stock market in 2015–2022. The research used data and analytical information of the Federal Service of State Statistics, the Central Bank of the Russian Federation, the Moscow Exchange, NAFI Analytical Center. The authors ground th...
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| Format: | Article |
| Language: | Russian |
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Plekhanov Russian University of Economics
2023-02-01
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| Series: | Вестник Российского экономического университета имени Г. В. Плеханова |
| Subjects: | |
| Online Access: | https://vest.rea.ru/jour/article/view/1530 |
| _version_ | 1797700111413805056 |
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| author | A. P. Garnov E. V. Afanasyev |
| author_facet | A. P. Garnov E. V. Afanasyev |
| author_sort | A. P. Garnov |
| collection | DOAJ |
| description | The article studies investment activity of the population on Russian stock market in 2015–2022. The research used data and analytical information of the Federal Service of State Statistics, the Central Bank of the Russian Federation, the Moscow Exchange, NAFI Analytical Center. The authors ground the importance of attracting individuals to the stock market in conditions of economic sanctions introduced against Russia. They come to the conclusion that the growth in the number of private investors and the amount of funds on individual investment accounts are influenced by concessional taxation, higher real incomes of the population, improving financial literacy and trust to the stock market, as well as simplifying registration and trade on stock market and rising profitability of investing into shares and bonds. The adverse impact on the number of brokers’ clients and the amount of funds on individual investment accounts is rendered by deposit rates in banks, dropping confidence to stock market and deterioration in conditions for saving building. The authors provide recommendations on developing the stock market in Russia, which include extension of concessional taxation on transactions with securities by individuals, better accessibility of digital tools and services, for instance by the ‘Marketplace’ project, higher level of finance literacy of the population, especially in rural and remote regions. |
| first_indexed | 2024-03-12T04:17:18Z |
| format | Article |
| id | doaj.art-b140bbc6302f47ff8e1cc5ce2ef2fe6c |
| institution | Directory Open Access Journal |
| issn | 2413-2829 2587-9251 |
| language | Russian |
| last_indexed | 2024-03-12T04:17:18Z |
| publishDate | 2023-02-01 |
| publisher | Plekhanov Russian University of Economics |
| record_format | Article |
| series | Вестник Российского экономического университета имени Г. В. Плеханова |
| spelling | doaj.art-b140bbc6302f47ff8e1cc5ce2ef2fe6c2023-09-03T10:35:01ZrusPlekhanov Russian University of EconomicsВестник Российского экономического университета имени Г. В. Плеханова2413-28292587-92512023-02-0120110110810.21686/2413-2829-2023-1-101-1081049Attraction of Individuals to Russian Stock MarketA. P. Garnov0E. V. Afanasyev1Российский экономический университет имени Г. В. ПлехановаРоссийский экономический университет имени Г. В. ПлехановаThe article studies investment activity of the population on Russian stock market in 2015–2022. The research used data and analytical information of the Federal Service of State Statistics, the Central Bank of the Russian Federation, the Moscow Exchange, NAFI Analytical Center. The authors ground the importance of attracting individuals to the stock market in conditions of economic sanctions introduced against Russia. They come to the conclusion that the growth in the number of private investors and the amount of funds on individual investment accounts are influenced by concessional taxation, higher real incomes of the population, improving financial literacy and trust to the stock market, as well as simplifying registration and trade on stock market and rising profitability of investing into shares and bonds. The adverse impact on the number of brokers’ clients and the amount of funds on individual investment accounts is rendered by deposit rates in banks, dropping confidence to stock market and deterioration in conditions for saving building. The authors provide recommendations on developing the stock market in Russia, which include extension of concessional taxation on transactions with securities by individuals, better accessibility of digital tools and services, for instance by the ‘Marketplace’ project, higher level of finance literacy of the population, especially in rural and remote regions.https://vest.rea.ru/jour/article/view/1530рынок ценных бумагсбереженияинвестициичастные инвесторыфинансовые инструментыэкономические санкциимаркетплейс |
| spellingShingle | A. P. Garnov E. V. Afanasyev Attraction of Individuals to Russian Stock Market Вестник Российского экономического университета имени Г. В. Плеханова рынок ценных бумаг сбережения инвестиции частные инвесторы финансовые инструменты экономические санкции маркетплейс |
| title | Attraction of Individuals to Russian Stock Market |
| title_full | Attraction of Individuals to Russian Stock Market |
| title_fullStr | Attraction of Individuals to Russian Stock Market |
| title_full_unstemmed | Attraction of Individuals to Russian Stock Market |
| title_short | Attraction of Individuals to Russian Stock Market |
| title_sort | attraction of individuals to russian stock market |
| topic | рынок ценных бумаг сбережения инвестиции частные инвесторы финансовые инструменты экономические санкции маркетплейс |
| url | https://vest.rea.ru/jour/article/view/1530 |
| work_keys_str_mv | AT apgarnov attractionofindividualstorussianstockmarket AT evafanasyev attractionofindividualstorussianstockmarket |