OREANDA-NEWS. November 7, 2012. The total trading volume equaled RUB 8.8 trillion for the week. Average daily trading volume amounted to RUB 1,759 billion, up 19.5% from the previous week. Trading in securities, RDRs and mutual funds units made up 2 % (RUB 194 billion) of the total trading volume, the fixed income market share was 3% (RUB 267 billion), the derivatives market share was 14% (RUB 1,202 billion), the FX and Money Market share was 74% (RUB 6,488, billion) and the Commodities Market share was 7.3% (RUB 642 billion).

Secondary market trading volume totaled RUB 194 billion last week. Average daily trading volume was RUB 39 billion, up 20.8 % from the previous week. The Main Market sector made up 94% of the total secondary market trading volume, the Standard sector share was 6%, the Classica sector share was 0.4%. OTC trades volume equaled RUB 106 billion or 35% of the combined value of secondary market trades and OTC trades.

Over the week, the MICEX Index went down by 1.8% to reach 1,433.52 points (1,460.06 as of October 19, 2012). The dollar- denominated RTS Index was fell 3.6% to 1,441.38 points (1,494.44 as of October 19, 2012). The US dollar appreciated by 2.1% against the ruble. Capitalization of the cash equity market shed 4% and amounted to USD 775.66 billion as of the last day of the week (USD 807.7 billion as of October 19, 2012).

Ordinary shares of the following blue chip companies surged: Rosneft — by 8.1% to RUB 231.32, VTB Bank — by 3% to RUB 0.06. Prices of the following ordinary shares shed: Norilsk Nickel — by 0.7% to RUB 4,770, Sberbank of Russia — by

1.3% to RUB 91.95, Polyus Gold — by 1.7% to RUB 997, GAZPROM — by 2% to RUB 151.56, Surgutneftegas — by 2.9% to RUB 27.64, LUKOIL — by 4.6% to RUB 1,880.3, Rostelecom — by 5.6% to RUB 124.7, FGC UES — by 11.5% to RUB 0.2.

The week's top sellers were ordinary shares of Sberbank (SBER) with a turnover of RUB 39 billion (20% of a total trading volume) followed by Rosneft (ROSN) with a turnover of RUB 38 billion (19%), GAZPROM (GAZP) - RUB 29 billion (15%), LUKOIL (LKOH) - RUB 20 billion (10%), and VTB Bank (VTBR) - RUB 9 billion (5%). Other securities absorbed RUB 60 billion (31%) of the total trading volume.

Last week trading volume on the secondary market for fixed income instruments equaled RUB 267 billion. Average trading volume amounted to RUB 53 billion, which is down 20.8% from the previous week. Secondary market turnover in corporate bonds was RUB 94 billion (35% of the total trading volume), the regional bonds share was RUB 5 billion (2%), the government bonds share was RUB 168 billion (63%). Total volume of bond issues placed amounted to RUB 95 billion.

Last week the MICEX Index remained unchainged at 92.35 points versus October 19, 2012, MICEX MBI CP was down 0.05% to 96.74 points (96.79 points as of October 19, 2012), RGBI was down 0.12% to 134.28 points (134.44 ponts as of October 19, 2012).

Over the week, the total trading volume on the MICEX-RTS Derivatives Market equaled RUB 1,202 billion or 26 billion contracts. The average daily volume traded on the Market was RUB 240 billion, an increase of 27% versus the previous week. Index derivatives made 61% of the total trading volume (RUB 729 billion), equity derivatives share was 5% (RUB 58 billion),FX derivatives share was 32% (RUB 390 billion), interest rate derivatives share was 5% (RUB 05 billion), and commodity derivatives share was 1.6% (RUB 19 billion).

The last week's bestsellers of the Derivatives Market were the RTS Index futures contract (RTS), with a trading volume reaching RUB 726 billion (60%), USD/RUB FX futures contract (Si-) with RUB 363 billion (30%), EUR/USD FX futures contract with (ED-) with RUB 26 billion (2%), futures on Sberbank ordinary shares (SBR) with RUB 23 billion (2%), and futures on Gazprom ordinary shares (GAZ) with RUB 13 billion (1%). Other derivative instruments were traded for a total of RUB 51 billion (4%).

The US dollar and euro strengthened against the ruble last week. The US dollar with tomorrow settlement added 64.9 kopecks (2.1%) reaching 31.4553 rubles per dollar. The euro with tomorrow settlement gained 64.9 kopecks (1.1%), reaching 40.6484 rubles per euro as of October 26, 2012.

FX Market trading volume for the week totaled RUB 2,601 billion. The average daily trading volume was RUB 520 billion, which is up

11.2% versus the previous week. Spot trading volume reached RUB 1,375 billion or 52.9% of the total trading volume. Swap operations accounted for 47.1% of the total trading volume (RUB 1,226 billion). The USD/RUB transactions made up 86.3% of the total trading volume on the Market with a total value of RUB 2,244 billion, the share of EUR/RUB transactions was RUB 341 billion (13.1%), the share of EUR/USD transactions was RUB 14 billion (0.6%), the share of CHY/RUB transactions was RUB 0.14 billion (0.01%), the share of transactions in the dual currency basket made RUB 2 billion (0.1%).