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 MARCH 2014
Abstract: Foreign political events that took place in March 2014 had an extremely adverse impact on the Russian stock market. It took the MICEX Index just one day to tumble by 10.8% on March 3, 2014. Stock market capitalization lost Rb 1,72 trillion in March 2014, while total capitalization amounted to Rb 21,7 trillion (33.5% of GDP )as of March 26, 2014. The situation in the Russian corporate bond market kept worsening in March 2014 in response to mounting adverse trends in the Russian economy. The key market indicators, such as market volume and index, weighted average yield of issues, investment activity in the primary and secondary markets saw a downtrend during the month. 
Classification-JEL: G1, G3, G15
Keywords: Financial Markets
Journal: Russian Economic Developments
Year: 2014 
Issue: 4
Month: April
Pages: 11-14
File-URL: http://www.iep.ru/files/RePEc/gai/recdev/308Khudko.pdf
File-Format: Application/pdf
Handle: RePEc:gai:recdev:308