The Moscow Exchange, Russia's main stock exchange, is expecting a surge in Initial Public Offerings (IPOs) this year, with over 20 companies planning to go public. This optimistic outlook is driven by the increasing influence of retail investors in the country's markets.
Traditionally, the Russian stock market has been dominated by institutional investors and foreign institutions. However, in recent years, there has been a significant rise in the number of retail investors participating in the market. This growing trend has provided a boost to the Russian IPO market, as smaller companies seek to tap into this expanding pool of retail investors.