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: FINANCIAL MARKET IN September 2013
Abstract: Crude oil prices advanced late in August 2013 and pushed up the MICEX index by 5.52% during the first decade in September 2013. As of September 26, 2013, the MICEX index advanced by 8.6% since the beginning of the month and reached 1485 points. OJSC Sberbank stocks grew up by 14.39% during 26 days in September, showing maximum growth among blue chips. Stock market (MICEX) capitalization reached Rb 25.09 trillion (40.09% of GDP) by September 26, 2013. Domestic corporate bond market indicators such as market capacity, corporate bond market index, average weighted yield, activity of issuers and investors (especially in the financial segment) showed a positive trend. However, a few technical and real defaults were declared.
Classification-JEL: G1, G3, G15
Keywords: Financial Markets
Journal: Russian Economic Developments
Volume: 
Year: 2013 
Issue: 10
Month: October
Pages: 15-17
File-URL: http://www.iep.ru/files/RePEc/gai/recdev/208Andrievskiy.pdf
File-Format: Application/pdf
Handle: RePEc:gai:recdev:208