Equity investments by private investors doubled

Photo: Frankfurt Stock Exchange (via dts news agency)
Photo: Frankfurt Stock Exchange (via dts news agency)

Frankfurt / Main (dts news agency) – In the first quarter of 2020, as many private investors in this country have invested in securities as they have not for more than a decade. This is shown by a study by ING Germany, about which “Welt am Sonntag” reports. After that, between January and March, the German citizens bought shares in listed companies for almost 14 billion euros.
This means that around twice as much money flowed into stocks as a year earlier. In the rest of the euro zone, the bottom line was that citizens did not invest any fresh money in shares in the first quarter. Manfred Weber from the University of Mannheim speaks of a “sensational” development with a view to the changed investment behavior of the Germans: “A dramatic rethinking is taking place”, said the stock exchange professor of “Welt am Sonntag”.

Young people in particular would sign large-scale securities savings plans. “We are just seeing a generation of savings plans grow up.” The last survey by the Deutsches Aktieninstitut (DAI) put the number of direct shareholders at 4.2 million in 2019.

It was the lowest level since 2014. In 2020, however, all banks are reporting that their business is significantly stronger.