Financial Markets in Russia in March 2013
Russian Economic Developments, 2013, #4
5 Pages Posted: 30 Apr 2013 Last revised: 18 Jun 2013
Date Written: April 29, 2013
Abstract
The stock market dynamics in March was affected by several developments, such as a decrease in oil futures prices and the crisis situation in Cyprus. From the beginning of the month the growth was replaced by a reverse trend. The dynamics of stock market indices has led to a decrease in capitalization by 4.66%. The situation in the Russian domestic corporate bond market remained stable. In general, in March the volume and market index were growing, and the activity of issuers and investors in the primary and secondary market segments remained at a high level. A negative factor was the increased weighted average yield and a record number of canceled bond issues because of non-placement of any security.
Keywords: Financial markets
JEL Classification: G1, G3, G15
Suggested Citation: Suggested Citation