Translation. Region: Russian Federal
Source: Moscow Exchange – Moscow Exchange –
An important disclaimer is at the bottom of this article.
The number of individuals holding brokerage accounts on the Moscow Exchange (MoEx), as of the end of September 2025, amounted to 38.6 million (244,000 in September), with 73.1 million accounts opened. In September, 3.5 million people entered into transactions on the Moscow Exchange stock market, 339,000 of whom were qualified private investors.
Individual investments in securities on the Moscow Exchange reached a record 317 billion rubles in September 2025 (2.6 times more than in September 2024). Of these, investments in shares amounted to 75.2 billion rubles, bonds – 236.5 billion rubles, and fund mutual funds – 5.3 billion rubles.
The share of private investors in the volume of trading in shares and exchange-traded funds in September was 65%, and in the volume of trading in bonds – 14%.
The most popular shares in private investors' portfolios in September were ordinary and preferred shares of Sberbank (28% and 6.9%, respectively), shares of LUKOIL (14.7%), Gazprom (13.3%), VTB Bank (7.8%), T-Technologies (7%), Yandex (5.9%), Polyus (5.5%), Rosneft (5.5%) and IKS 5 (5.4%).
The top 5 Russian mutual funds in private investor portfolios included money market funds LQDT (share – 37%), SBMM (18.3%), AKMM (17.3%) and bond investment funds AKMB (2.8%) and AKFB (2.4%).
The morning and evening trading sessions accounted for 8% and 15% of total stock and fund mutual fund trading volume, respectively. Retail investors were the main participants in the morning and evening sessions, accounting for 81% and 75%, respectively.
The most popular securities from the Moscow Exchange IPO Index in private investor transactions in September 2025 were SVCB, IVAT, UGLD, ASTR, EUTR, SOFL, LEAS, OZPH, DATA, and VSEH.
The number of individual investment accounts (IIAs) reached 6.15 million (71.5 thousand in September). Trading turnover in IIAs in September 2025 increased by 11% compared to September last year, reaching 270.3 billion rubles. Shares accounted for 53% of this turnover, bonds accounted for 21%, and mutual funds accounted for 26%.
Moscow Exchange is Russia's largest exchange and the only multifunctional platform for trading stocks, bonds, derivatives, currencies, money market instruments, and commodities. The Moscow Exchange Group includes a central depository and a clearing center that acts as a central counterparty in the markets, enabling Moscow Exchange to provide its clients with a full range of trading and post-trading services.
Contact information for media: 7 (495) 363-3232Pr@moex.kom
Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.