The trading volume of shares and federal loan bonds on the Moscow Stock Exchange at the end of the week broke its own record at the end of February 2022: in total it amounted to 323.85 billion rubles. Stock market activity increased amid news that the key interest rate remained at 21%. The Moscow Stock Exchange index itself rose 9.2%.
Author:
https://rb.ru/author/alipova/
Subscribe to RB.RU on Telegram
The volume of transactions with OFZ also set a record, as RBC writes with reference to the site: it reached 33.3 billion rubles. In addition to the stock market index itself, other indices also grew: the RTS dollar index – by 10.33%, the government bond index – by 3.3% (also the best dynamics since 2022, but only since March) .
The decision on the key interest rate became a catalyst for investment activity, “especially in the real estate, telecommunications and transportation sectors,” as noted by exchange representatives. However, according to expert brokers, investors were cautious and opted more often for blue-chip stocks.
The next meeting on the key interest rate is scheduled for February 14 and the head of the Central Bank warns that both scenarios are possible: both maintaining and increasing the rate.
Author:
Ekaterina Alipova
Source: RB
I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.
