Number of stock market investors dropped to 7.2 million

According to the Central Registry Agency (MKK) data, the number of investors on the stock exchange as of February 9 was recorded as 7 million 200 thousand 436. The data showed that 1 million 373 thousand 40 investors have left the stock exchange since October. While the upward momentum in deposit interest rates continues, the decrease in the number of investors on the stock exchange has continued unabated. According to the Central Registry Agency data, as of December 2023, the number of stock investors decreased by 42 thousand 898 people in the week ending February 9 compared to the previous week. Thus, the number of stock investors decreased from 7 million 243 thousand 334 people to 7 million 200 thousand 436 people. Thus, the number of stock investors decreased from the record level of 8 million 573 thousand 476 seen in October to 1 million 373 thousand 40 people on February 9. In the same week, the value of stocks increased from 11.41 trillion TL to 11.9 trillion TL. Compared to October, when the number of investors broke a record with 8.6 million on the stock exchange, it was observed that 1.4 million investors gave up on the stock exchange. The number of investors on the stock exchange had exceeded the 2 million threshold in 2021 and the 3 million threshold by the end of 2022. In 2023, when public offerings accelerated, there were rapid increases in the number of investors every month. A record 54 companies made public offerings in 2023. However, the upward momentum in deposit interest rates, reflected by the tightening cycle towards the end of the year, opened a new path for investors in terms of returns.