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Russia’s stock market demonstrates record-breaking figures in 2018

November 22, 10:50 UTC+3 BEIJING

The yield of sovereign bonds in Russia at the level of 8.5% "appears very lucrative," considering low inflation in the country

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© Valeriy Sharifulin/TASS

BEIJING, November 22. /TASS/. The Russian stock market demonstrates record-breaking performance in 2018 and operations in the first three quarters are almost equal to the figure for the whole last year, Managing Director of the Money and Derivatives Market at the Moscow Exchange (MOEX) Igor Marich told reporters on Wednesday.

"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)," Marich said.

The yield of sovereign bonds in Russia at the level of 8.5% "appears very lucrative," considering low inflation in Russia, he noted.

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

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