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 MAY 2014
Abstract: In May 2014, Russia’s stock market con?? nued its steady recovery. As of 26 May, the MICEX Index stood at 1,449.3 points, having grown since the beginning of that month by more than 11%. The growth leader among highly liquid shares were VTB Bank’s securi?? es – over the period from 2 May through 26 May they rose 24.25%. However, the highest annual yield on shares – more than 40% per annum – was shown by Norilsk Nickel. As of 26 May, the stock market’s capitaliza?? on amounted to Rb 22.9 trillion (or 35.3% of GDP).
Classification-JEL: G1, G3, G15
Keywords: Financial Markets
Journal: Russian Economic Developments
Year: 2014 
Issue: 6
Month: June
Pages: 9-12
File-URL: http://www.iep.ru/files/RePEc/gai/recdev/337Khudko.pdf
File-Format: Application/pdf
Handle: RePEc:gai:recdev:337