Domestic investors still very active on WSE

In the first half of 2021, domestic individual investors generated 24 percent of turnover on the WSE Main Market. That's 2 percentage points more than in the first half of 2020 and almost twice as many as in the first half of 2019. In the last decade, this percentage was higher only in the second half of 2020, when it amounted to 27 percent. Foreign investors have invariably accounted for over half of the turnover on the main trading floor.

Domestic individual investors remain by far the largest group investing capital in companies listed on the NewConnect market. In the first half of the year, this percentage was 88 percent. Interestingly, the percentage of turnover generated on this market by foreign investors has tripled compared to the first half of 2020.

"We can interpret this data as positive. First of all, they prove that new investors who opened stock exchange accounts in the past months are still on the stock exchange and remain very active. It is very important that domestic individual investors invest in the stock market, and not only foreign ones. Our stock exchange has been operating continuously for only 30 years, but we already have several very interesting IPOs and many companies worthy of investing in them in the long term," Przemysław Gerschmann, Advisor to the WSE Management Board, said.

Domestic institutional investors are the dominant group in the bond market. Their percentage in the first half of 2021 grew primarily at the expense of domestic retailers.

In the market of structured products, the share of investors is roughly evenly distributed between domestic individual investors and foreign capital with a slight advantage in favor of the domestic one. On the other hand, the percentage of domestic individual investors decreased compared to the first half. 2020, in the structure of futures contracts and on the options market. On the latter, however, domestic retailers remain the group generating the largest share of turnover.

(WBJ)