### Russian Stock Market: MICEX Index Up 0.3% in Wednesday Trading Session
On Wednesday, the MICEX Index (Moscow Exchange Composite Index) rose by 0.3% and is currently trading at 2,190 basis points.
The most liquid stocks show the following trading dynamics:
- Lukoil +1%
- Gazprom +1.4%
- Sberbank +0.8%
- Rosneft +0.7%
The MICEX Index is a price indicator of the Russian stock market. It is calculated based on the market capitalization of free-floating shares (free-float) and includes highly liquid securities of large and rapidly growing Russian companies.
The composite stock index of the Moscow Exchange is calculated using prices weighted by market capitalization, taking into account free-float, for the most liquid Russian company stocks. The index composition and weight are reviewed quarterly.
This overview was presented by Alexei Grishchenko, Ph.D. in Economics, Professor at 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.