Quarterly trading volume on the Moscow Stock Exchange fell by 64%, the site reported. In the first quarter of 2023, trading volume in index-linked derivatives decreased the most, by 87%. At the same time, the site’s net income for the quarter increased 77% year-over-year.
The trading volume on the Moscow Stock Exchange in the first quarter of this year fell by 64.5% compared to the same quarter of 2022. This is stated in the report on the financial results of the Moscow Stock Exchange.
In the first quarter of 2023, the trading volume on the site amounted to 3.3 trillion rubles against 9.29 trillion in the first quarter of 2022. The trading volume in indices and currency derivatives, as well as contracts for commodity instruments, decreased by 87%, 52% and 39%. , respectively.
With a drop in trading volume, the Moscow Stock Exchange could increase its net profit by 77%. In the first quarter of 2023, the site managed to earn 14.3 billion rubles. EBITDA (earnings before interest, taxes, depreciation and amortization) grew by 72.5% year-on-year to RUB 19 billion.
The trading volume on the stock market of the Moscow Stock Exchange in April doubled to 3 trillion rubles. The number of operations with bonds grew the most: 3.3 times to 1.4 trillion rubles. Trading on the stock market grew by 58.8% to 1.6 trillion rubles, the derivatives market increased by 20.8% to 5 trillion rubles.
Author:
Kirill Bilyk
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.
