MOSCOW, December 9. /TASS/. The main sellers of Russian shares in November were retail investors and non-residents from friendly countries, who sold securities for 6.8 bln rubles ($67.6 mln) and 4.7 bln rubles ($46.7 mln), respectively, the Bank of Russia said.
The sales figure for retail investors and non-residents was significantly lower than for the previous period. Thus, in October, individuals sold shares for 27.3 bln rubles ($271.57 mln), and non-residents from friendly countries - for 9.5 bln rubles ($94.5 mln).
Russian shares fell in the second half of November as the market revised expectations about the path of monetary policy and the attractiveness of bonds and deposits increased. The escalation of geopolitical tensions also exerted pressure, the regulator said. Russian banks (not systemically important) and non-credit financial organizations supported the market with their own funds during this period. Each category of participants bought shares for 5.4 bln rubles ($53.72 mln).
For the third month in a row, the index of construction companies showed the largest decline among sectoral indices (-12.9%). The information technology and telecommunications indices also fell significantly (by 5.2% and 5.1%, respectively) - their dynamics were influenced by the planned introduction of additional taxes on online advertising, as well as news about a change in the jurisdiction of individual companies in this sector, among other things.
At the same time, on November 22 (the day the new package of US sanctions came into force), only the banking sector index showed a slight decline (-0.2%), since the main restrictions concerned banks. The other sector indices rose slightly on that day. The highest monthly growth was recorded by the chemical sector index (by 4.3%) and the banking and finance sector index (by 3%).