Moscow Exchange Index Rises 0.5% to 2405 Basis Points on Friday

© Московская биржа

Moscow Exchange Index rises by 0.5% on Friday, trading at 2,405 basis points.

Here is the trading dynamics of the most liquid stocks:

- Lukoil -0.1%;

- Alrosa -0.7%;

- Sberbank +0.2%;

- Rosneft +0.9%.

The MICEX Index (Московская биржа) is a price indicator of the Russian stock market. It is formed based on the market capitalization of free-floating shares 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, taking into account free-float, of the most liquid Russian company stocks.

This overview was 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.