OREANDA-NEWS. July 10, 2012. On July 03, 2012 the MICEX10 Index constituent list was reviewed to include ten the most liquid blue chip stocks. The following is the new list of the Index constituents:

No

Ticker

Security type

Issuer

1

GAZP

ordinary share

Gazprom

2

GMKN

ordinary share

OJSC "MMC "NORILSK NICKEL

3

HYDR

ordinary share

OJSC RusHydro

4

LKOH

ordinary share

JSC  “LUKOIL”

5

ROSN

ordinary share

Rosneft

6

SBER

ordinary share

Sberbank of Russia

7

SBERP

preferred share

Sberbank of Russia

8

SNGS

ordinary share

OJSC Surgutneftegas

9

URKA

ordinary share

Uralkali

10

VTBR

ordinary share

VTB Bank

The MICEX10 Index was launched on March 19, 2001 with the initial value of 100 points as of 6.00 pm MSK on December 30, 1997. The Index is the unweighted index calculated as an average of changes in prices of ten the most liquid blue chip stocks, admitted to trading on CJSC MICEX Stock Exchange (regardless of the MICEX Stock Exchange quotation lists).

The Index tracks a real time performance (from 10.30am to 7.00pm MSK) of a portfolio consisted of the 10 stocks with equal weights at the beginning.  This indicator was primarily designed for day-trades as it allows tracking any tiny price fluctuations in respect of the most traded financial instruments.  The MICEX10 Index is the first on-exchange Russian index with the methodology that does not imply price averaging by time while the index is recalculated each time a trade in one of its ten constituents is executed in the main trading mode.