One of the momentous events of 2006 became numerous IPOs (Initial Public Offering is the first sale of stock by a private company to the public) of the Russian companies that managed to attract more than $17,5 bln. Nevertheless, not all IPOs became successful for investors. London stock exchange (LSE) became the world leader by volume of means accumulated during IPO in 2006, outstripping the Hong Kong Stock Exchange (HKEX) and the New York Stock Exchange (NYSE) on this index that took the second and third place accordingly. Numerous IPOs of the Russian companies contributed to this deal – the LSE became the “beloved” trading floor of the Russian companies.

Deutsche Bank forecasts IPO entry of 30 Russian companies in 2008 with a total volume of $36 bln against 23—24 offerings with the volume of $24,5 bln this year. Such opinion expressed Dmitriy Snesar, co-director of Deutsche Bank investment banking direction in Russia, at the capital market conference. According to him, an IPO entry of infrastructural sector companies (banks, metallurgical companies, extractive industries and companies producing consumer goods.) will be very popular next year. “We see no transactions which can take place in the 1Q 2008. The basic volume falls at the 2Q and 4Q”, he said, adding that IPO crisis is not expected in Russia.

On the largest Russian stock exchange, trading derivatives, – on the FORTS market – can be introduced the round-the-clock futures trading on RTS index. This contract is the most liquid instrument at the derivative market, and shifting to the round-the-clock trade is actual for the investors, experts consider. Starting a project, RTS tries to fix the positions on the stock market.

Actuality February, 28, 2007. The daily sales at MICEX totaled RUR161,64 billions that was a historical maximum during the lifetime of the market, as it was reported by the exchange press service. So, according to the results of the auctions at MICEX on February, 27th, 2006, the volume of transactions totaled RUR161,64 billions ($6,18 billions), including the main auctions – RUR80,9 billions ($3,23 billions), negotiation bargains – RUR 3,3 billions ($532 millions), REPO – RUR63,8 billions ($2,55 billions), and placement – RUR 3,6 billions ($144 millions). At the same time the volume of stock bargains (without REPO) totaled RUR 80,1 billions ($3,2 billions), of bond bargains (without REPO and placement) – RUR 14,1 billions ($564 millions), of REPO bargains – RUR 41,5 billions ($1,66 billions) and RUR 22,3 billions ($892 billions) with stocks and bonds respectively.

Actuality October, 2007. By the end of 2006 the stock market of Russia not only got back the summer slump, but also it established a new record: the most popular indicator of domestic stock market — RTS index —went above the level of 1870 points. For this year the index has grown by 60 %. The polled experts doubt, that in 2007 the stock market will demonstrate the same high rates of growth. In their undivided opinion, at favorable conditions the share index can rise approximately by 30 % up to 2400 points by the end of 2007, and if the economic situation isn’t favorable, the market can go down to 1500 points.

As predicted by Citigroup, in 2007 the volume of IPO of the Russian companies will make 18,096 billion dollars that is almost 2 billion dollars less than outcomes of 2006. However, the main share in the volume of offering of 2007 will not fell to the lot of raw material sector. According to the Citigroup estimations, approximately 10 billion dollars of IPO will be got by Foreign Trade Bank, Saving Bank and ОGK-9. The completion of several recent IPO sensified the experts of Citigroup to feel the stability of the Russian economics. « If the volume of IPO is comparable to the results of 2006, it will carry more conviction of reliability of the Russian investments», as it is said in Citigroup researches.

Actuality September, 05, 2007. The RTS Index went down by 1,13% to 1904,76 points, the classic market volume is $52,8 million. The analyst explains it by the decline in the futures for the fund indexes of the USA, by little correction of oil prices and fall in exchange of ruble for dollar.

From July, 18, 2007 shares of Saving Bank of Russia stopped being engaged in traffic of the Russian exchange stocks. It only is the temporary measure related to splitting of papers. But the date of renewal of auctions is still unknown, and, taking into account that Saving Bank is one of «blue chips» at the Russian market, for many investors such halt appeared to be quite an unpleasant event. For those, who trades at the FORTS market, the problem is easily decided – it is possible to accomplish operations with the futures contracts for saving Bank.

Rating is actual on 16.08.2007. Greater part of the last month the Russian stock market demonstrated steady and rapid growth. Activity of participants in a great deal was determined by extremely favorable external news background and attractive prices for shares of the Russian issuers, looking underestimated in the beginning of the summer.

On April, 17, 2007 the representatives of the «Det Norske Veritas company» in a in a grand manner presented to stock exchange management the certificate of conformance of System of Quality Management to the requirements of the international standard ISO 9001-2000.