Moscow Exchange Index Rises 1.3% to Reach 2,835 Points in Monday Trading Session

© Московская биржа

Moscow Exchange Index (MOEX) rises by 1.3% on Monday, reaching 2,835 basis points during trading session.

Here is the dynamic of the most liquid stocks:

- Gazprom -0.4%;

- Lukoil +2.1%;

- Sberbank -0.5%;

- VTB -0.1%.

MOEX 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 stocks of large and dynamically growing Russian companies.

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