Template-Type: ReDIF-Article 1.0
Author-Name:E. Gorbatikov
Author-Name-First:E.
Author-Name-Last: Gorbatikov
Author-Workplace-Name:  Gaidar Institute for Economic Policy
Author-Name:E. Khudko
Author-Name-First:E.
Author-Name-Last: Khudko
Author-Workplace-Name:  Gaidar Institute for Economic Policy
Title:  Financial markets in October 2015
Abstract: The MICEX Index in the period between 27 October and 26 November 2015 increased 6.8% to 1712 points as oil prices fell. Sberbank reported two consecutive months of return on equity higher than other blue chips. The Moscow Exchnage trade turnover and overall capitalization continued to increase. Russia-focused mutual funds again saw investments outflow following a short break in October. The situation in the Russian corporate bond market remained complex driven primarily by domestic factors. The key indicators such as the corporate bond market volume and index and the weighted average yield rate of bond issuances (especially in the energy market segment) saw moderately positive dynamics. Investors and issuers activity remained at the average annual levels. Issuers’ defaults on obligations to bondholders remained a problem.
Classification-JEL:G1, G3, G15
Keywords: Financial Markets, Russian Economy
Journal: Russian Economic Developments
Year: 2015 
Issue: 12
Month: December
Pages: 13-19
File-URL: http://www.iep.ru/files/RePEc/gai/recdev/652Khudko.pdf
File-Format: Application/pdf
Handle: RePEc:gai:recdev:652