### Russian Stock Market: MICEX Index Rises 0.2% on Wednesday
On Wednesday, the MICEX Index (Moscow Exchange Index), a key indicator of the Russian stock market, rose by 0.2% during trading, reaching 2,430 basis points.
Here is the trading dynamics of the most liquid stocks:
- Sberbank: -0.1%
- Lukoil: -0.3%
- Gazprom: +0.2%
- Rosneft: +0.1%
The MICEX Index is a price indicator of the Russian stock market, based on the market capitalization of freely traded shares (free-float) and includes highly liquid securities of large and fast-growing Russian companies.
The composite stock index of the Moscow Exchange is calculated based on prices weighted by market capitalization, taking into account free-float, of the most liquid Russian company stocks. The index composition and weight are reviewed quarterly.
This overview was presented by Alexey Grishchenko, Ph.D. in Economics, Professor at the Department of Operational and Sectoral Management of the "Higher School of Management" Faculty at the Financial University under the Government of the Russian Federation.