Moscow Exchange Index Opens Lower

© Московская биржа

Moscow Exchange Index Drops 0.4% in Monday Trading Session to Reach 2620 Points

Among the most liquid stocks, the following dynamics were observed:

- Gazprom -0.7%;

- Sberbank -0.6%;

- Lukoil -0.5%;

- Rosneft -0.2%.

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, taking into account free-float, and includes the most liquid stocks of Russian companies. The index composition and weighting are reviewed quarterly.

Overview 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.