OREANDA-NEWS. August 14, 2012. The total trading volume in Moscow Exchange for the week equaled RUB9 trillion. Average daily trading volume amounted to RUB1,807 billion, up 19.8 % from the previous week. Trading in securities, RDRs and mutual funds units made up 2% (RUB210 billion) of the total trading volume, the fixed income market share was 2% (RUB223 billion), the derivatives market - 13% (RUB1,201 billion), the FX and money market - 82% (RUB7,398 billion).

Secondary market trading volume totaled RUB210 billion last week. Average daily trading volume was RUB42 billion, up 31.1% from the previous week. The Main Market sector made up 92% of the total secondary market trading volume, the Standard sector - 7%, the Classica sector - 0.2%. OTC trades volume equaled RUB147 billion or 41% of the combined value of secondary market trades and OTC trades.

Over the week, the MICEX Index was down 0.6% to reach 1,406.3 points (1,415.38 as of 20 July 2012 ). The dollar- denominated RTS Index was down 0.6% to reach 1,382.82 points (1,391.55 as of 20 July 2012 ). The US dollar appreciated by 0.9% against the ruble. Capitalization of the cash equity market shed 3.2% and amounted to USD741.45 billion as of the last day of the week (USD766.33 billion as of 20 July 2012 ).

Ordinary shares of the following blue chip companies surged: JSC  "LUKOIL" - by 0.6% to RUB1,816.6, Sberbank of Russia - by 0.2% to RUB90.31. Prices of the following ordinary shares shed: “FGC UES”, JSC - by 0.4% to RUB0.24, GAZPROM - by 0.4% to RUB152.35, OJSC "MMC "NORILSK NICKEL" - by

1.1% to RUB5,039, Surgutneftegas - by 1.8% to RUB26.69, Rostelecom - by 2.1% to RUB114.66, VTB Bank - by 2.9% to RUB0.05, Oil Company Rosneft - by 3.7% to RUB197.64, OJSC "Polyus Gold" - by 5.2% to RUB959.

The week's top sellers were of Sberbank of Russia ordinary shares (SBER) with a turnover of RUB80 billion (38% of a total trading volume) followed by GAZPROM (GAZP) with a turnover of RUB34 billion (16%), JSC  "LUKOIL" (LKOH) -RUB16 billion (8%), VTB Bank (VTBR) - RUB11 billion (5%), and Rosneft (ROSN) - RUB11 billion (5%). Other securities absorbed RUB58 billion (28%) of the total trading volume.

Last week trading volume on the secondary market for fixed income instruments equaled RUB223 billion. Average trading volume amounted to RUB45 billion, down 16.9% from the previous week. Secondary market turnover in corporate bonds was RUB112 billion (50% of the total trading volume), in regional bonds - RUB6 billion (3%), government bonds - RUB105 billion (47%). Total volume of bonds issues placements amounted to RUB5 billion.

The MICEX Corporate Bond Index (MICEX CBI CP) remained unchanged last week at 91.96 points (92.1 points as of 20 July 2012). The MICEX Municipal Bond Index (MICEX MBI CP) was down 0.02% to 96.15 points (96.17 points as of 20 July 2012). The Russian Government Bond Index (RGBI) lost 0.26% to 131.24 points (131.58 points as of 20 July 2012).

For the week the total trading volume on the Moscow Exchange Derivatives market equaled RUB1,201 billion or 27 billion contracts. The average daily volume traded on the market was RUB240 billion, up 42% from the previous week. The total open interest as of the last day of the week reached RUB9 billion or 331 million contracts. Index derivatives made 59% of the total trading volume (RUB708 billion), equity derivatives — 5% (RUB60 billion), FX derivatives - 33% (RUB400 billion), interest rate derivatives - 0.8% (RUB10 billion), and commodity derivatives - 1.9% (RUB23 billion).

The last week's best sellers of the derivatives market were the RTS Index futures contract (RT), with a trading volume reaching RUB705 billion (59%), the USD/RUB FX futures contract (SI) with RUB372 billion (31%), the futures on Sberbank ordinary shares (SB) with RUB33 billion (3%), the EUR/USD FX futures contract (ED) with RUB27 billion (2%), and the futures on Gazprom ordinary shares (GA) with RUB15 billion (1%). Other derivative instruments were traded for a total of RUB49 billion (4%).

The US dollar and euro strengthened against the ruble last week. The US dollar with tomorrow settlement added 28.4 kopecks (0.9%) reaching 32.2531 rubles per dollar. The euro with tomorrow settlement gained 28.4 kopecks (1.3%), reaching 39.6364 rubles per euro as of 27 July 2012 .

The FX market trading volume for the week totaled RUB2,671 billion. The average daily trading volume was RUB534 billion, up

11.2% from the previous week. Spot trading volume reached RUB1,593 billion or 59.7% of the total trading volume. Swap operations accounted for 40.3% of the total trading volume (RUB1,077 billion). The USD/RUB transactions made up 86.7% of the total trading volume on the market with a total value of RUB2,314 billion, the EUR/RUB transactions - 12.2% with a total value of RUB327 billion, the EUR/USD transactions - 0.9% with RUB24 billion, the CHY/RUB transactions - 0.01% with RUB0.14 billion and transactions in the dual currency basket - 0.2% with RUB5 billion.

The Money Market trading volume equaled RUB4,728 billion last week. The average daily trading volume was RUB946 billion, up 22.3% from the previous week. Volume of inter-dealer repo transactions on the Money market amounted to RUB1,437 billion (37.2% from the total trading volume), volume of direct repo transactions with the Bank of Russia - RUB3,129 billion (80.9%), volume of Bank of Russia's deposit operations - RUB162 billion (4.2%), including Bank of Russia's deposits - RUB159 billion, lombard auctions of the Bank of Russia - RUB2 billion).