MICEX Index Drops 0.1% to Trade at 2755 Basis Points on Thursday

© Московская биржа

IMOEX, the Russian stock market index, is down 0.1% on Thursday, trading at 2,755 basis points.

Liquid stocks are showing no uniform trend.

- Sberbank -0.1%;

- Gazprom +0.1%;

- VTB -0.2%;

- Norilsk Nickel -0.5%.

It is worth noting that the IMOEX (Moscow Exchange Index) is a price indicator of the Russian stock market. It is calculated based on the market capitalization of free-float shares and includes highly liquid securities of large and fast-growing Russian companies.

The composite stock index of the Moscow Exchange is calculated based on prices weighted by market capitalization, taking into account free-float, of the most liquid Russian company stocks. The index composition and weight are reviewed quarterly.

This overview was presented by Alexey Grishchenko, Doctor of Economics, Professor at the Department of Operational and Sectoral Management of the Faculty of "Higher School of Management" at the Financial University under the Government of the Russian Federation.