Stock market: nearly 40% of new investors are under 35, a record

by time news

2023-07-28 04:23:40

Will the younger generation invest in the stock market as naturally as possible? Since the beginning of the year, nearly 40% of new investors in the equity markets have been under 35 years old. “A record level”, announced the Financial Markets Authority this Thursday in a statement. Welcoming “the arrival of a new generation of savers on the stock market”, the French financial policeman reports 95,500 new individual investors in equities in the first half of 2023.

“The AMF will continue its educational actions to help shareholders, in particular novices, whatever their age, to acquire a stock market culture in a long-term perspective”, commented the President of the AMF, Marie- Anne Barbat-Layani.

Among the neophytes, 38.5% are under 35 years old. A trend observed from the start of the health crisis, which is confirmed: from 2019 to 2023, nearly 1.5 million new investors made their first transactions on the stock market.

“Generational shift”

In detail, in the first half of 2023, 14.1% of new investors were under the age of 25, twice as many as in 2020. The AMF thus has 53,000 investors under the age of 25, compared to 13,000 in the first half of 2019.

So that the under 35s now represent 20% of all direct share holders: “A level never seen since the study existed, and twice as high as in 2015”, is surprised the AMF.

At the same time, investors over the age of 45 saw their share ownership rate fall by 7.7%. “While the rate of direct share ownership declared in the whole of the population remains stable, at 6.8% in March 2023, a clear generational shift has taken place”, notes the Autorité des marchés financiers.

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