MICEX Index Rises 0.5% to Trade at 2790 Basis Points on Thursday

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IMOEX Index Gains 0.5% on Thursday, Trading at 2790 Basis Points

Highly liquid stocks show mixed performance:

- Sberbank +0.4%;

- Gazprom +0.4%;

- VTB -0.7%;

- Norilsk Nickel +1.2%.

It is worth noting that the IMOEX index is a price indicator of the Russian stock market. It is calculated based on the market capitalization of free-floating shares and includes highly liquid securities of large and dynamically 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, Ph.D., Professor of the Department of Operational and Sectoral Management at the Faculty of "Higher School of Management" of the Financial University under the Government of the Russian Federation.