Poles increasingly buying shares of global companies

Covid-19 and subsequent lockdowns have spurred a record number of retail investors to enter markets via apps and online investment platforms.

"Investors were more involved last year after the pandemic forced them to stay at home. It also forced them to use more digital solutions, such as ordering food for home, taking online courses, or working. The increase in digitization has made many of them comfortable using investment applications for the first time," Gil Shapira, eToro's chief investment officer, said.

"Closed at home, many of them have had the opportunity to reflect on their future and consider alternatives, read about capital markets. The increase in media coverage of aid packages and market volatility has made the markets the focus of people who had not previously followed them closely before. We saw that many people have invested in more heavily used companies during the lockdown, such as Netflix, Alibaba, Microsoft, Amazon, and Tesla," he added.

The eToro platform, which has been operating for 14 years, enables its users to trade in the global markets with the assets of their choice, from stocks and commodities to cryptocurrencies. The key performance indicators for the first quarter, published in June, confirm the still growing number of individual investors in the capital markets. In the first three months of this year, the platform gained as many as 3.1 million new users (compared to 5.2 million in the entire 2020).

(Newseria)