As a result of trading on the MICEX Stock Exchange, held 5 December 2006, the volume of trades in securities amounted to 150.16 billion rubles (5.74 billion dollars), the main trading mode accounting for 69.3 billion rubles, the negotiated deals mode accounting for 11.1 billion rubles, repos accounting for 54.2 billion rubles and placements accounting for 15.5 billion rubles. The volume of transactions in shares (without repos) amounted to 72.0 billion rubles, bonds (without repos and placements) accounted for 8.3 billion rubles, equity repos accounted for 35.6 billion rubles and bond repos accounted for 18.6 billion rubles. This is a record-high daily turnover over the whole history of trading in the MICEX Group’s stock market, which started in March 1997.
The previous record of 145.21 billion rubles was registered on 30 November 2006. The MICEX Index, showing the behavior of prices in the Russian securities market, amounted to 1 580.94 points at the close on 5 December and exceeded by 1.1% the figure of the previous day (56.4% growth of the MICEX Index against the end of 2005). About 207 thousand trades were made in the course of trading on 5 December 2006.
The MICEX Stock Exchange is Russia’s leading stock market, where daily trading is held in shares and bonds of over 550 Russian issuers, including shares in Gazprom, LUKoil, Surgutneftegaz, Sberbank, RAO UES, Norilsk Nickel, MTS, Tatneft and other blue chips. The number of participants in trading on the MICEX SE is 576 organizations. Of them 477 are admitted to trading (287 credit institutions and 190 non-credit institutions). In the first 11 months of 2006, the total volume of trading on the MICEX Stock Exchange has amounted to 17.842 trillion rubles (658 billion dollars), which exceeds more than 3 times the volume of trading in securities in the same period of 2005 (5.630 trillion rubles).
