MICEX Index Up 0.9% in Tuesday Trading Session, Reaches 2480 Basis Points

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MICEX rises by 0.9% in Tuesday trading session, reaching 2480 basis points.

Most liquid stocks are showing the following trading dynamics:

- VTB +1%;

- Lukoil +1%;

- Sberbank +1%;

- Gazprom +1.4%.

The MICEX Index is a price indicator of the Russian stock market. It is formed based on the market capitalization of freely traded shares (free-float) 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.

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

Overview 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.