Publication
Title
The impact of COVID-19 on Belgian individual investors’ trading behaviour
Author
Abstract
This article examines the financial behaviour of Belgian individual investors during the COVID-19 confi nement. Using the MiFIR database of the Financial Services and Markets Authority (FSMA), this article shows that most individuals applied a contrarian strategy to buy shares when stock prices fell. Investors between 18 and 35 years of age and those who are less experienced increased their share positions compared to other age and experience categories. Men seemed to dominate equity markets in Belgium, even during the COVID-19 confi nement period, and they increased their share positions more compared to women. The patterns documented in this article are robust for the stocks that are part of the main Belgian equity index (i.e. Bel 20), for all listed shares being a constituent of the Bel All Shares Index, and for small caps having a market capitalization of less than EUR 940 million.
Language
English
Source (journal)
Bank- en financiewezen. - Bruxelles, 2003, currens
Publication
Bruxelles : 2021
ISSN
2033-7825 [print]
2566-154X [online]
Volume/pages
1 (2021) , p. 2-9
UAntwerpen
Publication type
Subject
External links
Record
Identifier
Creation 02.10.2023
Last edited 05.10.2023
To cite this reference