Moscow Exchange Index Adjusts 0.5% to Reach 2740 Points in Monday Trading Session

© Московская биржа

Moscow Exchange Index (MOEX) Adjusts by 0.5% During Monday Trading Session, Reaching 2740 Basis Points

Here is the performance of the most liquid stocks:

- Gazprom -0.6%;

- Rusal -0.5%;

- Sberbank -0.1%;

- Rosneft +1%.

The Moscow Exchange Index (MOEX) 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 securities of large and fast-growing Russian companies.

The composite stock index of the Moscow Exchange is calculated using prices weighted by market capitalization adjusted for 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, 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.