MOEX Russia Index

The MOEX Russia Index (Russian: Индекс МосБиржи), formerly the MICEX Index, is the main ruble-denominated benchmark of the Russian stock market.[1] It was established by the Moscow Interbank Currency Exchange (MICEX) on 22 September 1997.[2] MICEX merged with the Russian Trading System to form Moscow Exchange (MOEX) in 2011 and the index was renamed to MOEX Russia Index on 27 November 2017.[3]

Graph of MOEX Russia Index from inception to December 2017

It has the same composition as the RTS Index, which is denominated in U.S. dollars.[3] The MOEX Russia Index is traditionally favored by domestic investors, while foreign investors prefer the RTS Index.[4] The number of component stocks is variable, and depends on liquidity and trading frequency.[5]

References
  1. "Russian benchmark officially renamed the MOEX Russia Index". Moscow Exchange. Retrieved 12 December 2017.
  2. "MOEX Russia Index". Bloomberg.com. Retrieved 10 March 2022.
  3. Kirilova, Valentina (28 November 2017). "Russian benchmark MICEX Index renamed MOEX Russia Index, RTS Index remains unchanged". LeapRate. Retrieved 10 March 2022.
  4. Amos, Howard (4 December 2014). "Why Is One Russian Stock Index Up and the Other Down?". The Moscow Times. Retrieved 10 March 2022.
  5. "Moscow Exchange renames MICEX index". TASS (in Russian). Retrieved 12 December 2017.


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