MICEX Index Rises 0.1% to 2445 Basis Points in Wednesday Trading Session

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MICEX index edges up by 0.1% on Wednesday, trading at 2,445 basis points.

Here is the trading dynamics of the most liquid stocks:

- Sberbank -0.9%;

- Gazprom -0.3%;

- Lukoil +0.1%;

- Rosneft -0.6%.

The MICEX index is based on the free-float market capitalization of highly liquid stocks of large and fast-growing Russian companies.

The composite price 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., 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.