Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

In May 2007, The Volume Of Trading On The MICEX Stock Market Amounted To 3.3 Trillion Rubles, Up 5.6% On The Previous Month

Date 06/06/2007

In May 2007, the volume of trading on the MICEX stock market amounted to 3.3 trillion rubles (127.6 billion US dollars, up 5.6% on the previous month.

In May, the MICEX Index dropped by 7.48% to 1570.34 points. On 4 May the Index reached its maximum value of 1698.33 points, while on 30 May it dropped to its minimum value of 1516.09 points. Thus, since the beginning of 2007, the MICEX Index has dropped by 7.27%.

In May 2007, the volume of stock trade on the MICEX Stock Exchange amounted to 2.18 trillion rubles (84.4 billion dollars), up 1.4% on the previous month. The average daily volume of trading in shares reached 102 billion rubles (3.9 billion dollars). On 31.05.2007, the capitalization of the market for shares traded on the MICEX SE reached 22.6 trillion rubles (872.2 billion dollars), 2.6% less than in April. At the end of May, the capitalization of the securities comprising the MICEX Index accounted for 79.91% of the capitalization of the whole market.

TOP 10 instruments of the share market:

#

Security

Share in total trade volume (%)

1

RAO UES

28.6%

2

Gazprom (common shares)

23.9%

3

Norilsk Nickel

8.7%

4

LUKoil

7.7%

5

Sberbank

7.3%

6

Rostel (common shares)

4.6%

7

Rosneft

4.4%

8

Surgutneftegaz

3.8%

9

Sberbank (preference shares)

2.4%

10

RAO UES (preference shares)

1.1%

The volume of equity repos amounted to 1.13 trillion rubles (43.6 billion dollars), up 28.8% on the previous month.

The market for corporate and regional bonds continues to grow rapidly. Its share in the total exchange-based turnover has reached 33.9%. In May 2007, the total volume of transactions in all types of non-government bonds on the MICEX Stock Exchange grew by 15% over April and amounted to 1.12 trillion rubles (43.2 billion dollars), including transactions in corporate bonds (828 billion rubles or 32.1 billion dollars), regional bonds (280 billion rubles or 10.8 billion dollars) and municipal bonds (8 billion rubles or 0.3 billion dollars). The average daily volume of trading in bonds amounted to 53 billion rubles (2.1 billion dollars).

TOP 10 instruments of the bonds market:

#

Security

Share in total trade volume (%)

1

Moscow Region, 6th issue

3.7%

2

Moscow Region, 7th issue

3.4%

3

MosGorZaim, 39th issue

2.5%

4

Federal Network Company UES, 2nd issue

2.2%

5

Gazprom, 8th issue

1.9%

6

Russian Railways, 6th issue

1.7%

7

LUKoil, 4th issue

1.6%

8

MosGorZaim, 44th issue

1.5%

9

LUKoil, 3rd issue

1.4%

10

Federal Network Company UES, 5th issue

1.2%

In May, the volume of exchange-based trading in shares of mutual funds amounted to 1.18 billion rubles (45.8 million dollars). The largest volume of transactions (525.1 million rubles) was accounted for by shares of closed-end real-estate unit fund AG Capital INTERRA under the management of AG Capital INTERRA Management Company. Shares of open-end unit fund for mixed investments RIG Group – Yedinstvo Fund under the management of RIG Group – Asset Management Management Company accounted for 405.0 million rubles.