OREANDA-NEWS. December 20, 2012. The Moscow Exchange's total trading volume equaled RUR 9.9 trillion last week. Average daily trading volume amounted to RUR 1,988 billion, which is up 18.6 % from the previous week. Trading in securities, RDRs and mutual funds units made 2 % (RUR 170 billion) of the total trading volume, the fixed income market share was 3% (RUR 286 billion), the Derivatives Market share equaled 9% (RUR 909 billion), the FX and Money Market share was 76% (RUR 7,578, billion) and the Commodities Market share made 10.1% (RUR 999 billion).

The secondary market trading volume totaled RUR 170 billion last week. The average daily trading volume was RUR 34 billion, which is up 32.8 % from the previous week. The Main Market sector made up 94% of the total secondary market trading volume, the Standard sector share equaled 5%, the Classica sector share was 0.2%. The OTC trades volume made RUR 133 billion or 44% of the combined value of secondary market trades and OTC trades.

Over the week, the MICEX Index went down 0.5% to reach 1,405.97 points (1,413.15 as of November 23, 2012 ). The dollar- denominated RTS Index was up 0.3% to reach 1,436.55 points (1,432.24 as of November 23, 2012). The US dollar appreciated by 0.8% against the ruble. Capitalization of the cash equity market was up 1.9% and amounted to USD775.81 billion as of the last day of the week (USD761.07 billion as of November 23, 2012).

Weekly Changes in Blue-Chips Closing Price

Ordinary shares of the following blue chip companies surged: Norilsk Nickel — by 2.8% to RUR 4,811, Sberbank — by 2.4% to RUR 91.41, Rosneft —by 1.1% to RUR 243.88, LUKOIL — by 0.8% to RUR 1,939.4, Polyus Gold — by 0.3% to RUR 935. Prices of the following ordinary shares shed: Surgutneftegas — by 1% to RUR 26.08, VTB Bank — by 1.5% to RUR 0.05, FGC UES — by 1.7% to RUR 0.21, GAZPROM — by 2.1% to RUR 138.67, Rostelecom — by 9.7% to RUR 108.94.

The week's top sellers were Sberbank's ordinary shares (SBER) with a turnover of RUR 52 billion (30% of a total trading volume) followed by GAZPROM (GAZP) with a turnover of RUR 29 billion (17%),LUKOIL (LKOH) with RUR 14 billion (8%), Norilsk Nickel (GMKN) with RUR 13 billion (8%) and Rosneft (ROSN) with RUR 11 billion (6%). Other securities absorbed RUR 52 billion (31%) of the total trading volume.

Last week the MICEX CBI CP (clean price Index) was up 0.03% to 92.39 basis points (92.36 points as of November 23, 2012), MICEX MBI CP (clean price Index) went

down 0.01% to 96.52 points (96.53 points as of November 23, 2012), RGBI was up 0.5% to 136.93 points (136.25 points as of November 23, 2012).

The total trading volume on the Moscow Exchnage Derivatives market equaled RUB909 billion or 21 billion contracts. The average daily volume traded on the market was RUR 182 billion, which is up 12.5% from the previous week. The total open interest as of the last day of the week reached RUR 12 billion or 398 million contracts. Index derivatives made 59% of the total trading volume (RUR 535 billion), equity derivatives equaled 6% (RUR 52 billion),FX derivatives made 32% (RUR 294 billion), the share of interest rate derivatives was 6% (RUR 05 billion), the share of commodity derivatives was 2.5% (RUR 22billion).

The last week's bestsellers of the Derivatives Market were the RTS Index futures contract (RTS), with a trading volume reaching RUR 534 billion (59%), the USD/RUR FX futures contract (Si-) with RUR 263 billion (29%), the EUR/USD FX futures contract (ED-) with RUR 29 billion (3%), the futures on Sberbank ordinary shares (SBR) with RUR 25 billion (3%) and the futures on Gazprom ordinary shares (GAZ) with RUR 16 billion (2%). Other derivative instruments were traded for a total of RUR 43 billion (5%).

The US dollar and euro weakened against the ruble last week The US dollar with tomorrow settlement fell by 2 kopecks (0.8%) reaching 30.8711 rubles per dollar. The euro with tomorrow settlement fell by 2 kopecks (00%), reaching 40.1464 rubles per euro as of November 30, 2012.

The FX market trading volume totaled RUR 2,577 billion last week. The average daily trading volume was RUR 515 billion,which is up 19.9% from the previous week. Spot trading volume reached RUR 1,186 billion or 46% of the total trading volume. Swap operations accounted for 54% of the total trading volume (RUR 1,391 billion).

The USD/RUR transactions made up 82.9% of the total trading volume on the market with a total value of RUR 2137 billion, the EUR/RUR transactions accounted for RUR 423 billion (16.4%), the UER/USD transactions made up RUB15 billion (0.6%), the share of CHY/RUR transactions was RUR 0.13 bilion, the share of transactions in the dual currency basket was RUR 2 billion (0.1%).