The Russian stock market, which has not yet reached world standards, sets its own records. In such conditions, one has to compete with oneself from the past. In this single player game, the stock market breaks its own record. Moreover, on this occasion, officials even gave speeches. Igor Marich, managing director of money and derivatives markets at the Moscow Exchange, expressed his congratulations. “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 reported.
Indeed, such high rates are encouraging. This year, the Russian stock market set a real record for the first three quarters of the current year, with the volume of operations nearing the level recorded for the entire 2017. Judging by the dynamics, this is not the limit. The management of the Moscow Stock Exchange noted that amid low inflation the yield of Russian government bonds at the level of 8.5% "appears very lucrative." "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),” Marich noted.
