MICEX Composite Index rises 0.5% to 2300 points in Monday trading session

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MICEX Composite Index rises by 0.5% on Monday, reaching 2300 points during trading session.

Here is the dynamic of the most liquid stocks:

- Sberbank +1.5%;

- Lukoil +0.3%;

- Rosneft +0.2%;

- Nornickel -0.6%.

The MICEX Index (Russian: ММВБ) 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 stock index of the Moscow Exchange is calculated using prices weighted by free-float market capitalization. The index composition and weights are reviewed quarterly.

Overview presented by Alexey Grishchenko, Doctor of Economics, Professor at the Department of Operational and Sectoral Management of the Faculty of "Higher School of Management" at the Financial University under the Government of the Russian Federation.