SHARE OWNERSHIP UP

Written on the 6 June 2011

SHARE OWNERSHIP UP

THE latest share ownership study released by the ASX shows around 7.3 million people, or 43 per cent of the adult Australian population, own shares directly or indirectly.

The study found that individual investors holding shares directly has increased to 30 per cent of the adult population, up 25 per cent compared with the last study in 2008.

In other results, eight out of 10 investors who own shares felt it was a good time to buy or to hold shares. A total of 26 per cent of all private investors say they will buy shares in the next 12 months.

Research, analysis and insights manager Sandra Boyd-Hoare, says the study reflected a return to confidence among the investment market.

“Optimism is definitely returning, there’s been an increasing preparedness among the population to invest in listed shares on the ASX,” she says.

“Similarly, there’s also been a decrease in the amount of people investing in unlisted shares, fund managers or trusts. This shows people are confident in the transparency of investing in ASX-listed companies, where they can take control of their own investments.”

The study was conducted nationally with a randomly selected sample of 2400 adult Australians. It highlights the incidence of share ownership among the population and offers insights into the attitudes, knowledge and behaviour of retail share market investors in Australia.

The study also found 18 per cent of the population who have not been active in the sharemarket will enter at some stage. The majority of these are aged under 45 and want to increase their knowledge first.

Internationally, the finding that 43 per cent of adult Australians own shares continues to rank Australia among the leading share-owning nations in the world on a per capita basis. Only 12 per cent of investors owning shares directly prefer to delegate their investment management.

Boyd-Hoare says experiences during the global financial crisis been a key influence on the trend for more active personal involvement in investments.


Latest News

APOLLO REVS UP ITS RESULTS

APOLLO Tourism & Leisure (ASX: ATL) has hit its profit forecast in its maiden result as a publicly traded company...

JASMINE YARBROUGH AND TAMIE INGHAM TAKE MARA & MINE TO HOLLYWOOD

MARA & MINE entrepreneurs Jasmine Yarbrough and Tamie Ingham (pictured left and right respectively) slipped in...

HUGE PROFIT SPIKE FOR HELLOWORLD HEALS MERGER WOUNDS

HELLOWORLD (ASX: HLO) gripped the share market this morning after its announcement of a whopping 880 per cent increas...

PROFIT DROP AT SERVCORP

SERVICED office company Servcorp has seen its profit fall, citing New York City, Singapore and Saudi Arabia as the pr...

Related News

WHY EMPLOYEE-OWNED COMPANIES ARE BEATING ASX200 SHARE PRICES

EMPLOYEE-owned companies command a higher share price than their publicly listed peers, reaping a 17 per cent prem...

RISE OF THE MACHINES HAS WORKERS SWEATING

UP TO 3.8 million Australian workers are fearful their job may soon be terminated by a robot, a new survey has shown....

LESS TALK, MORE SMALL BUSINESS ACTION IN 2017

THE future growth and prosperity of Australian SMEs could be undermined if governments lose sight of the sector...

TEST DRIVE A POST GRAD AT BOND

THERE'S only one way to really move your career into the fast lane, says Bond University, and 'test driving...

Contact us

Email News Update Sign Up Contact Details
Subscriptions

PO Box 2087
Brisbane QLD 4001

LoginTell a FriendSign Up to Newsletter