|
Daily turnover for the MICEX Stock Exchange reaches its historical maximum, 9.01 billion dollars
August 2, 2007
As a result of trading on the MICEX Stock Exchange held on 1 August 2007, the volume of trading in securities amounted to 230.18 billion rubles (9.01 billion dollars). Transactions concluded in the main trading mode accounted for 68.44 billion rubles, the negotiated deals mode accounted for 22.86 billion rubles, while repos accounted for 138.88 billion rubles. The volume of transactions in stocks (without repos) amounted to 68.89 billion rubles, the volume of transactions in bonds (without repos) amounted to 22.37 billion rubles, the volume of equity repos amounted to 84.10 billion rubles and the volume of bond repos amounted to 54.78 billion rubles. This is a record-high daily turnover for the history of trading on the MICEX Group▓s stock market, which was launched in March 1997. The previous record (226.59 billion rubles) was registered on 26 June 2007. The MICEX Index, which tracks the behavior of prices on the Russian securities market, reached 1 693.14 points at the close on 1 August, down 2.4% on the previous trading day (the MICEX Index dropped by 0.02% over the end of 2006). Over 188 thousand transactions were concluded in the course of trading on 1 August 2007.
Brief information: The MICEX Stock Exchange is Russia▓s leading stock market. It organizes daily trading in securities of over 620 issuers, including Gazprom, RAO UES, LUKoil, Norilsk Nickel, Sberbank, Rostelecom, Surgutneftegaz, MTS, Tatneft and other blue chips. The number of participants in trading on the MICEX SE is 619 organizations. Of them 510 are admitted to trading (291 credit institutions and 219 non-credit institutions). In the first 7 months of 2007 the total volume of trading on the MICEX Stock Exchange has amounted to 22 005.87 billion rubles (847.90 billion dollars), which exceeds 2.3 times the volume of trading in securities in the same period of 2006 (9 771.91 billion rubles).
|