Moscow Exchange Index

Investors who want to know how things are on the Russian stock market analyze the dynamics of all 300 shares held on the Moscow Exchange (the main Russian platform). However, it is not very convenient to do it, because some shares in the circle of investors have great popularity, accordingly more important. Such shares include: Sberbank, Gazprom, Norilsk Nickel and others. There are also shares of companies unknown to a large number of investors, which are interesting only to individual investors, that is, deals with such companies are made less often.

 

The history and essence of the index

 

The Moscow Exchange Index was launched for comfortable tracking of the exchange. The Russian stock market does not exist for so long and our indices are quite new. The Moscow Exchange Index, for example, appeared in 1997, and it consisted of shares of 50 large companies in Russia.

 

Time passes and a lot changes, but if you need to study the dynamics of the Russian market in rubles, people use the index of the Moscow Exchange.

 

A fairly clear and weighted indicator, which consists of 50 (the number varies) of the most liquid shares of large and developing companies - this is the index of the Moscow Exchange.

 

The list of companies in the stock index is revised with the advent of each new quarter.
Each issuer is divided into the economy. The structure of the Russian economy clearly conveys the structure of the stock index we are considering. Today, about half of the entire index is occupied by oil and gas corporations, about 20% - financial companies, the rest is occupied by corporations of the consumer sector.

 

How is calculated

 

The Moscow Exchange index - ticker IMOEX - is calculated in rubles on the basis of ordinary and separate shares, which are in free trade. There are many strict rules that, by the way, meet international standards.

 

The Moscow Exchange Index is calculated from 10 a.m. to 6:50 p.m. Moscow time. Every second is calculated. It would be prudent to use the MIMB 10 Index to make quick trading, as this index is considered after each completed securities transaction. But the Moscow Exchange index shows the situation on the stock market more clearly, although it lags behind the MMVB 10 Index in the rate of recalculation.

 

Experienced traders often compare the dynamics of stocks with the dynamics of the Moscow Exchange index to calculate the best time for securities transactions. In the case when the stock and index are repelled from support up or break through some resistance with a fixed interval, then this dynamic makes it possible to increase the probability of creating the right transaction, so most portfolio managers try to buy securities in their portfolios specifically during index reversals up from important support statuses. The index can give traders data on the most likely changes in the whole list of securities, thus, it is the main barometer of the Russian stock market.