MICEX Index Up 0.3% in Tuesday Trading Session, Reaches 2460 Basis Points

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MICEX rises by 0.3% in Tuesday trading session, trading at 2,460 basis points.

Trading dynamics of the most liquid stocks:

- VTB +0.7%;

- Sberbank +0.5%;

- Rosneft +1%;

- Gazprom -0.4%.

The MICEX Index is a price indicator of the Russian stock market. It is based on the market capitalization of free-floating shares 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.

It is worth noting that the index composition and weight are reviewed quarterly.

This overview was 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.