Translation. Region: Russian Federation –
Source: Moscow Exchange – Moscow Exchange –
An important disclaimer is at the bottom of this article.
The number of individuals with brokerage accounts on the Moscow Exchange (MOEX) at the end of November 2025 was 39.7 million (260,000 in November), with 75 million accounts opened. In November, 2.8 million people entered into transactions on the Moscow Exchange stock market, 320,000 of whom were qualified private investors.
In November 2025, individual investments in securities on the Moscow Exchange stock market increased by 36% compared to November of the previous year, reaching 131.8 billion rubles. Of this, investments in bonds amounted to 115.6 billion rubles, and investments in mutual funds amounted to 31.1 billion rubles. Share sales exceeded purchases by 14.9 billion rubles.
The share of private investors in the volume of trading in shares and exchange-traded funds in November was 66%, and in the volume of trading in bonds – 8%.
The most popular shares in private investor portfolios in November were ordinary and preferred shares of Sberbank (28.6% and 6.9%, respectively), Gazprom shares (13.8%), Lukoil (13.4%), VTB Bank (8.4%), T-Technologies (6.9%), Yandex (6%), X5 (5.7%), Rosneft (5.2%), and Polyus (5.1%).
The top 5 Russian mutual funds in private investor portfolios included money market funds LQDT (share – 38.2%), SBMM (18.1%), AKMM (17.3%) and bond investment funds AKFB (2.5%) and AKMB (2.4%).
The morning and evening trading sessions accounted for 8% and 17% of total stock and fund mutual fund trading volume, respectively. Retail investors were the main participants in the morning and evening sessions, accounting for 80% and 74%, respectively.
The most popular papers from the composition Moscow Exchange IPO Index In November, private investor transactions included shares of SVCB, IVAT, SOFL, ASTR, LEAS, UGLD, EUTR, OZPH, VSEH and MBNK.
The number of individual investment accounts (IIAs) reached 6.14 million. Trading turnover in IIAs in November 2025 amounted to 228.5 billion rubles. Shares accounted for 54% of this turnover, bonds accounted for 20%, 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.com
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.