MICEX Falls 0.2% in Tuesday Trading Session, Hovers at 2260 Basis Points

© Московская биржа

MICEX falls by 0.2% on Tuesday trading session, Moscow Exchange Index stands at 2260 base points.

Most liquid stocks show the following trading dynamics:

- Lukoil +0.2%;

- Sberbank -1%;

- Rosneft -1.1%;

- Gazprom -1%.

The MICEX Index is a price indicator of the Russian stock market. It is based on the market capitalization of free-floating shares (free-float) and includes highly liquid securities of large and dynamically growing Russian companies.

The composite stock index of the Moscow Exchange is calculated based on prices weighted by market capitalization with consideration of free-float, for the most liquid stocks of Russian companies.

It is worth noting that the index composition and weight 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.