St. Petersburg Exchange Records Volume and Client Activity Records in November

St. Petersburg Exchange Records Volume and Client Activity Records in November

MOSCOW (Reuters) - St. Petersburg Stock Exchange, the largest organizer of foreign securities trading in Russia, reported that it recorded record trading volume and client activity in November.

The volume of trading in securities of foreign issuers on the stock exchange at the end of November 2020 amounted to $ 25.21 billion, or 46.3% more than in October, and compared to the same period last year, the indicator increased 13 times.

The average daily trading volume in the main trading mode in November increased by 53.6% compared to October - to $ 1.26 billion.

The number of active accounts increased by 28.9% compared to October to a record 559,940. The number of accounts with positions in securities increased by 11.9% compared to October, to 669.300.

Earlier, the exchange reported that at the end of October it accounted for 44.85% of the total trading volume in stocks, shares and depositary receipts in Russia, and in general for 2020 - 29.5%.

The exchange trades mainly in foreign securities, in particular, Eurobonds, shares of all companies included in the S index&P 500, as well as American depositary receipts of issuers from Russia, China, South Korea, Japan, Italy, Great Britain and other countries.

Tesla (NASDAQ: TSLA), which accounted for 16.3% in the main trading mode, as well as Alibaba (NYSE: BABA) (8.4%) and Apple (NASDAQ : AAPL) (5.1%).

The Russian authorities want to oblige brokers to offer retail investors to buy first domestic securities, and then the rest, and are thinking about attracting non-residents to the segment of foreign shares on local exchanges.

(Olga Popova, Elena Fabrichnaya)