### Russian Stock Market Opens Lower on Wednesday
The MICEX Index (the main stock market index of Russia) opened lower on Wednesday, falling by 0.3% to trade at 2,776 basis points.
Here is the trading performance of the most liquid stocks:
- Lukoil: -1%
- Sberbank: +0.3%
- Gazprom: -0.5%
- VTB: +0.3%
The MICEX Index reflects the performance of the Russian stock market. It is calculated based on the free-float market capitalization of highly liquid shares issued by large and fast-growing Russian companies. The index is reviewed and adjusted quarterly.
This overview was presented by Alexei Grishchenko, Ph.D., Professor of Operational and Sectoral Management at the Faculty of Higher School of Management at the Financial University under the Government of the Russian Federation.