Individuals continue to support financial markets in September
In the stock market, the positive dynamics of the previous months were followed by a correction in September. The market saw a decline in prices, while non-residents from friendly states sold shares in the amount of ₽32.0 billion. The market was supported by individuals who bought shares worth ₽29.4 billion.
Individuals displayed their interest in federal government bonds amid rising interest rates. In September, net purchases of these securities totalled ₽28.1 billion, which was the highest figure since 2022.
Individuals bought foreign currency worth ₽39.4 billion over the month. Concurrently, they maintained short positions in the foreign currency futures market, which supported the ruble exchange rate. In September, major exporters increased foreign currency sales from $7.2 billion to $9.2 billion.
Details are available in the new issue of the Financial Market Risks Review.