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 Markets in Russia in January 2014
Abstract: The MICEX Index slid down 2.5% at the beginning of January 2014, however Gazprom’s stock and Norilsk Nickel’s stock went up in the second half of the month, thereby having a positive effect on the MICEX Index which was pushed up to 1494.6 points. The annual dynamics of blue chips has been negative in most cases. It is only Sberbank’s preferred stock which gained significantly (5.85%) over the period under review. Total MICEX stock exchange market capitalization amounted to Rb 24,9 trillion (37.56% of GDP) as of January 24, 2014, having shown an increase of Rb 450,7bn (1.8%) over the value observed as of December 30, 2013.
Classification-JEL: G1, G3, G15
Keywords: Financial Markets
Journal: Russian Economic Developments
Year: 2014
Issue: 2
Month: January
Pages: 12-15
File-URL: http://www.iep.ru/files/RePEc/gai/recdev/288Khudko.pdf
File-Format: Application/pdf
Handle: RePEc:gai:recdev:288