MICEX Index Up 0.1% in Tuesday Trading Session, Reaches 2835 Basis Points

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MICEX Rises by 0.1% on Tuesday Trading Session

The Moscow Exchange Index (MICEX) traded at 2,835 basis points on Tuesday, marking a slight increase of 0.1%.

Here is the trading dynamics for the most liquid stocks:

- Sberbank +0.2%

- Lukoil +0.4%

- Rosneft -0.2%

- Norilsk Nickel +0.5%

The MICEX Index is a price indicator of the Russian stock market, calculated based on the market capitalization of free-float shares and includes highly liquid securities of large and fast-growing Russian companies.

This composite price index is calculated using prices weighted by market capitalization, taking into account free-float, for the most liquid Russian company stocks.

It is worth noting that the index composition and weighting 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.