Are young people abandoning the stock market?

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Are young people abandoning the stock market?

While there was a decrease of 350 thousand in the number of investors in the stock market in November, when we look at the age groups, it was seen that the fastest decrease was in investors between the ages of 20-24. In November, the Stock Exchange, which experienced a historical investor migration, saw the most intense outflows in the groups under the age of 30. According to the Central Registry Agency (MKK) data, the number of investors in the stock market decreased by approximately 350 thousand in November, 101 thousand of which were investors between the ages of 20-24. In November, the number of investors in this age group decreased to 939 thousand 653. In October, this investor group exceeded the 1 million threshold for the first time. At the beginning of the year, the number of investors in the 20-24 age group was at the level of 244 thousand. At the beginning of 2022, the number of this investor group was below 100 thousand. In the 25-29 age group, the number of investors decreased by 89 thousand in November. The number of investors in this age group was recorded as 1 million 275 thousand 358 as of the end of November. When looked at proportionally, it was seen that the most intense outflows were in the 20-24 age group. Accordingly, the number of investors in this group decreased by 11 percent in November. This group was followed by the 25-29 age group with a 7.5 percent decrease. Flourish logoA Flourish map There was a historic migration on the stock market in November According to the Central Registry Agency (MKK) data, the number of investors on the stock market decreased to 8 million 205 thousand 976 in November. Thus, it was seen that the number of investors decreased by 349 thousand 862 compared to the previous month. This decline was the sharpest decline in the history of the stock market. With November, the upward momentum in the number of investors in the stock market, which had continued for four months, was reversed. The number of investors on the stock market decreased by 4.1 percent in November compared to the previous month. This decline rate was also recorded as the highest decline rate since the complete closure in May 2021. In May 2021, when full lockdown measures were implemented due to pandemic measures, the number of investors in the stock market decreased by 5.9 percent to 156 thousand 724.