Moscow Exchange Index Trades at 2790 Basis Points

© Московская биржа

On Tuesday, the MICEX Index (MMVB) is rising by 0.2% during the trading session, with the Moscow Exchange Index trading at 2790 basis points.

Here is the trading dynamics of the most liquid stocks:

- Sberbank: -0.1%

- Lukoil: +0.6%

- VTB: +0.2%

- Norilsk Nickel: -0.4%

The Moscow Exchange Index (MMVB) is a price indicator of the Russian stock market. It is calculated based on the free-float market capitalization of the most liquid shares of large and dynamically growing Russian companies.

The composite price index of the Moscow Exchange is calculated based on prices weighted by free-float market capitalization, taking into account the most liquid stocks of Russian companies.

It is worth noting that 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 "Higher School of Management" at the Financial University under the Government of the Russian Federation.