Moscow Exchange shares join the Blue-Chip Index
OREANDA-NEWS. Moscow Exchange ordinary shares (trading code – MOEX) will be added to the Blue-Chip Index on 16 March 2016.
The Index Committee recommended increasing the Exchange"s free float from 51% to 57%, one of the highest free float on the Russian market.
The MOEX Blue-Chip Index (RTSSTD) is the benchmark for measuring the performance of Russian most liquid shares. The Index is calculated on the basis of trades in 15 most liquid issuers of the Russian stock market. The Index is a rouble-denominated gauge.
Moscow Exchange shares are also included in the MICEX Index, RTS Index, MOEX Broad Market Index and MOEX Financials Index.
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