MoneyThe Moscow Exchange index will include four new securities

The Moscow Exchange index will include four new securities

The Moscow Exchange has formed new bases for calculating stock indices, which will be in effect from September 18, 2020, according to a message on the company’s website.

Depositary receipts of Mail.ru Group, Qiwi, ordinary shares of Petropavlovsk and Rosseti will be included in the base for calculating the Moscow Exchange and RTS Indices. Thus, the total number of securities in the indices will increase to 42.

In addition, Mail.ru Group and Petropavlovsk are also included in the calculation base for the Broad Market Index, which will be left by RBC. The Blue Chip Index calculation base will remain unchanged.

Based on the recommendation of the index committee, the exchange decided to change the industry classification. Yandex shares will leave the Consumer Index and enter the information technology sector. Mail.ru Group receipts will also be added here.

Rosseti South will be excluded from the Electricity Index.

The Metals and Mining Index and the Small and Medium Capitalization Index will complement the common shares of Petropavlovsk.

Stephanie Evanshttps://www.newsalarms.com/
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