Moscow Exchange reports on Russia’s stock market record-breaking figures

Moscow Exchange reports on Russia’s stock market record-breaking figures

Russia's stock market demonstrates record-breaking performance in the ruble index this year, Managing Director of the Money and Derivatives Market at the Moscow Exchange (MOEX) Igor Marich said.

"The Russian stock market demonstrated record-breaking values in the ruble index of the Moscow Exchange and has almost reached the last year in terms of the operations volume in ten months - 9.1 trillion rubles ($138.7 bln)," TASS cited Marich as saying.

He added that the yield of sovereign bonds in Russia at the level of 8.5% "appears very lucrative," considering low inflation in Russia.

"The first half of this year gave considerable offer amounts of Finance Ministry’s bonds to us," Marich said, noting that the secondary trading volume increased significantly (by 33% to 3.8 trillion rubles ($58 bln)).

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