Unified Index Family of Moscow Exchange Is Coming on
OREANDA-NEWS. October 15, 2012. Unification of index calculation methodologies aimed at creating the unified Moscow Exchange index family was launched in late 2011. Over this period the indices of the exchange have been modified, in particular, approaches for determining free-floats have been harmonized, calculation of the MICEX Index has been extended until 11.50 pm MSK with the Standard sector prices employed, calculation of the RTS Index during the main trading session has been based on prices of the Securities market main trading mode. From 18 September review dates for the indices constituent lists have been synchronized.
According to the Exchange"s plans, the benchmark index of the new family will be comprised of 50 shares and Russian depositary receipts of the most capitalized companies. The benchmark will be computed based on prices in both ruble and US dollar, thereby carrying on the history of the MICEX Index (ruble values) and the RTS Index (US dollar values). New indicators will also emerge: the blue-chip index consisting of the top 15 most liquid shares and the broad market index.
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