Retail investor base doubles in Europe as US "meme" stock mania spreads


Trading in Europe is more fragmented given the number of different stock exchanges in the region. Still, the share of total trading carried out by retail investors jumped to nearly 7% by mid-2020 from 2% in 2019, before settling at around 5% currently, Euronext said.

LONDON: The number of retail investors in Europe has doubled since the start of last year as stay-at-home rules and high savings rates during the pandemic triggered a surge in stock investing by non-professionals, according to data from Euronext.

The trend is still less prevalent in Europe than in the United States, where retail investor participation in stock markets soared last summer before hitting extreme levels in January.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.

   

Next In Business News

Dollar climbs, stocks retreat after Trump vows tariffs
TP TEC Holding receives approval for LEAP Market listing
China revises PV industry standards
ACE Market-bound Winstar Capital targets RM19.79mil from IPO
Pharmaniaga anticipates further growth for concession segment
Maybank records higher net profit of RM2.54bil in 3Q
E&O expects sales momentum to continue
Matrix Concepts registers new sales of RM341.7mil in 2Q
KLCI gets big lift from IHH, PetDag
Companies that might be affected by Trump's promised tariffs

Others Also Read