In today's world, MOEX Russia Index has taken a fundamental role in society. Whether on a personal, professional or academic level, MOEX Russia Index has made a significant impact on the way we live, work and relate to others. Therefore, it is crucial to fully understand the role that MOEX Russia Index plays in our daily lives and how we can make the most of it. In this article, we will explore different aspects related to MOEX Russia Index, from its origin to its evolution and the implications it has in today's world. In addition, we will analyze the possible opportunities and challenges that arise from the presence of MOEX Russia Index in our society.
The MOEX Russia Index (Russian: Индекс МосБиржи), formerly the MICEX Index, is the main ruble-denominated benchmark of the Russian stock market.[1] It was established by the Moscow Interbank Currency Exchange (MICEX) on 22 September 1997.[2] MICEX merged with the Russian Trading System to form Moscow Exchange (MOEX) in 2011 and the index was renamed to MOEX Russia Index on 27 November 2017.[3]
It has the same composition as the RTS Index, which is denominated in U.S. dollars.[3] The MOEX Russia Index is traditionally favored by domestic investors, while foreign investors prefer the RTS Index.[4] The number of component stocks is variable, and depends on liquidity and trading frequency.[5]