### Russian Stock Market Index Rises on Wednesday Trading Session
On Wednesday, the MOEX Russia Index (formerly known as MICEX) rose by 0.6% during the trading session, reaching 2,540 basis points.
Here is the trading dynamics of the most liquid stocks:
- Sberbank +0.6%
- Lukoil +0.1%
- Gazprom +0.6%
- Rosneft +0.2%
The MOEX Russia Index is a price indicator of the Russian stock market. It is calculated based on the market capitalization of free-float shares and includes highly liquid stocks of large and rapidly 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 Faculty of "Higher School of Management" at the Financial University under the Government of the Russian Federation.