MICEX Drops 0.2% in Tuesday Trading Session

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MICEX Index Drops 0.2% on Tuesday Trading Session

The MICEX Index (Moscow Exchange Index), a key indicator of the Russian stock market, fell by 0.2% on Tuesday, trading at 2,620 basis points.

Here is the trading dynamics of the most liquid stocks:

- Lukoil: -0.2%

- Sberbank: -0.2%

- Rosneft: +0.1%

- Nornickel: -0.1%

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

The composite price index of the Moscow Exchange is calculated using prices weighted by free-float market capitalization, reflecting the most liquid stocks of Russian companies.

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

This overview was presented by Alexei Grishchenko, Ph.D., Professor at the Department of Operational and Sectoral Management at the Higher School of Management, Financial University under the Government of the Russian Federation.