Brazil Stock Market Attracts 1.5 Million New Investors in 2020, 92% Rise over 2019

The high volatility of the financial market did not deter individual investors' increased appetite for risk.

RIO DE JANEIRO, BRAZIL - Although 2020 was a highly volatile year in the financial market, the low interest rate scenario prompted individual Brazilian investors to seek more risky assets when faced with ever lower yields on more conservative investments.

According to data from the B3 stock exchange released on Tuesday, January 5th, the number of individual accounts registered in the principal Brazilian stock market increased by 92% over last year, to 3.2 million.

The number represents the fifth consecutive year of inflow into the stock market. In 2019, the individual investors base had grown by 106.7%.

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