MOSCOW, March 10. /TASS/. Russian shares were supported by systemically important banks and non-bank financial institutions in February, while non-systemically important lenders and non-bank financial institutions that sold shares at their own expense, acted as main sellers, according to files released by the Bank of Russia.
"Non-systemically important banks and non-bank financial institutions that sold shares at their own expense, were the largest net sellers of shares. The market was supported by systemically important banks and non-bank financial institutions that acted within discretionary management," the regulator said.
The growth of stock indices was coupled with a moderate increase in general volatility on the market compared with January, with the Russian Volatility Index (RVI) having risen by 10.2 points to 44.5 points in a month, the Central Bank added.
The average daily trading volumes of stocks increased by more than one third in February month-on-month, reaching the highest level in the past three years of 211.4 bln rubles ($2.4 bln). The share of individuals on average in a month grew on this market from 75.9% in January to 76.3% in February.