The Stock Market in The Context of the Geopolitical Crisis: Risks of Private Investors in Russia

The article examines the impact of geopolitical crises on the Russian stock market and its participants. The COVID-19 pandemic of 2020 and the unstable geopolitical situation in 2022, caused special operation and Western sanctions pressure, negatively affected the stock market and its participants and led to a fall in the Moscow Exchange and RTS indexes. The article presents data showing that the number of private investors continues to grow every year, but at the same time the share of private investors with special knowledge for the analysis and selection of securities remains low. The study concludes that potential investors activity on the Russian stock exchange remains risky. The study also examines the measures to protect investors during the crisis. There are given the ways of improving the situation on the stock exchange for private investors.