MICEX Opens Lower on Tuesday

© Московская биржа

MICEX Falls by 0.1% on Tuesday Trading Session

The Moscow Exchange Index (MICEX) is trading at 2,785 basis points on Tuesday, marking a slight decline of 0.1%.

Below is the trading dynamics for the most liquid stocks:

- Sberbank: -0.1%

- Lukoil: -0.2%

- Rosneft: -0.8%

- Norilsk Nickel: -1%

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

It is calculated using the prices of the most liquid Russian company stocks, weighted by their free-float market capitalization.

It is worth noting that the index composition and weighting are reviewed quarterly.

This overview was presented by Alexey Grishchenko, Doctor of Economics, Professor at the Department of Operational and Sectoral Management of the "Higher School of Management" Faculty at the Financial University under the Government of the Russian Federation.