MICEX Composite Index drops 0.2% to 2465 points in Monday trading session

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MICEX Composite Index drops by 0.2% on Monday, reaching 2465 points during trading session.

Among the most liquid stocks, the following dynamics were observed:

- Gazprom -0.8%;

- Lukoil -0.3%;

- Novatek -0.1%;

- Nornickel +0.1%.

The MICEX Index (Moscow Exchange Composite 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 stocks 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. 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 at the Faculty of "Higher School of Management" of the Financial University under the Government of the Russian Federation.