Tuesday 04 October 2022

Dutch households lose 11% on stock market investments in Q2

Dutch households lost a ‘significant amount’ on their stock market investments in the second quarter of 2022, the central bank (DNB) said on Thursday.

Some 1.9 million of the Netherlands’ 8.1 million households invest in securities (stocks, investment fund units and bonds), according to national statistics agency CBS, with investments totalling some €159 billion.

The central bank says household investment volume fell by €6.7 billion in the second quarter of the year, driven by the Russian invasion of Ukraine, inflation and rising interest rates.

The 11% decline is the second largest in value since the central bank started tracking household equity holdings in 2009. The loss reached €2.9 billion in the first quarter.

The biggest drop in value was down to the decline in tech shares.

In addition, the value of investments in Shell, the company most heavily invested in by Dutch households, decreased by 4.7% to €5 billion as a result of net sales amounting to €260 million, the central bank said.

Thank you for donating to DutchNews.nl

The DutchNews.nl team would like to thank all the generous readers who have made a donation in recent weeks. Your financial support has helped us to expand our coverage of the coronavirus crisis into the evenings and weekends and make sure you are kept up to date with the latest developments.

DutchNews.nl has been free for 14 years, but without the financial backing of our readers, we would not be able to provide you with fair and accurate news and features about all things Dutch. Your contributions make this possible.

If you have not yet made a donation, but would like to, you can do so via Ideal, credit card or Paypal.