Template-Type: ReDIF-Article 1.0
Author-Name:Nikita Andrievskiy
Author-Name-First: Nikita      
Author-Name-Last: Andrievskiy
Author-Workplace-Name: Gaidar Institute for Economic Policy
Author-Name:Elizaveta Khudko
Author-Name-First: Elizaveta       
Author-Name-Last: Khudko
Author-Workplace-Name: Gaidar Institute for Economic Policy
Title: RUSSIAN FINANCIAL MARKETS IN JUNE 2013
Abstract: The Russian stock market in June was under the negative influence of the dynamics in international stock markets. Reduction in dividends on shares of “Gazprom” to Rb 8.97 per share for the 2011, to 5.99 rubles per share as of a result of 2012) led to a decrease in stock quotations of the company by 13.1% in June, which, in the aggregate, provided the loss of 28.5% of the value of the company for the year since June 2012 In addition, stocks of metallurgical and electric power companies continued to fall down in price and the capitalization of the stock market has reduced by Rb 575bn and as of June, 26 was Rb 22.3 trillion (35.8% of GDP). In the domestic corporate bond market in June the activity of issuers and investors has grown, but the index of corporate bonds decreased and the average yield (especially in the manufacturing and energy sectors) grew..
Classification-JEL: G1, G3, G15
Keywords: Financial Markets
Journal: Russian Economic Developments
Year: 2013 
Issue: 7
Month: July
Pages: 11-14
File-URL: http://www.iep.ru/files/RePEc/gai/recdev/154Khudko.pdf
File-Format: Application/pdf
Handle: RePEc:gai:recdev:154