MICEX Falls 0.2% in Tuesday Trading Session, Sits at 2725 Basis Points

© Московская биржа

MICEX index drops 0.2% in Tuesday trading session, trading at 2,725 base points.

Here is the trading dynamics of the most liquid stocks:

- Lukoil +0.4%;

- Sberbank -0.6%;

- Rosneft +0.5%;

- Nornickel -1.5%.

The MICEX (Moscow Interbank Currency Exchange) index is a price indicator of the Russian stock market. It is calculated based on the free-float market capitalization of highly liquid shares of large and fast-growing Russian companies.

The composite price index of the Moscow Exchange is calculated based on the prices weighted by market capitalization with free-float of the most liquid Russian company stocks.

It is worth noting that 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 "Higher School of Management" Faculty at the Financial University under the Government of the Russian Federation.