Financial Markets in January 2014

Russian Economic Development. Moscow, 2014, #2, pp. 12-15

4 Pages Posted: 10 Jul 2014

See all articles by Nikita Andrievskiy

Nikita Andrievskiy

Russian Academy of National Economy and Public Administration under the President of the Russian Federation (RANEPA); Gaidar Institute for Economic Policy

Elizaveta Khudko

Gaidar Institute for Economic Policy; Russian Academy of National Economy and Public Administration under the President of the Russian Federation (RANEPA) - Moscow Campus

Date Written: January 9, 2014

Abstract

The MICEX Index slid down 2.5% at the beginning of January 2014, however Gazprom’s stock and Norilsk Nickel’s stock went up in the second half of the month, thereby having a positive effect on the MICEX Index which was pushed up to 1494.6 points. The annual dynamics of blue chips has been negative in most cases. It is only Sberbank’s preferred stock which gained significantly (5.85%) over the period under review. Total MICEX stock exchange market capitalization amounted to Rb 24,9 trillion (37.56% of GDP) as of January 24, 2014, having shown an increase of Rb 450,7bn (1.8%) over the value observed as of December 30, 2013.

Keywords: financial market, bonds, shares

JEL Classification: G1, G3, G15

Suggested Citation

Andrievskiy, Nikita and Andrievskiy, Nikita and Khudko, Elizaveta, Financial Markets in January 2014 (January 9, 2014). Russian Economic Development. Moscow, 2014, #2, pp. 12-15 , Available at SSRN: https://ssrn.com/abstract=2464093 or http://dx.doi.org/10.2139/ssrn.2464093

Nikita Andrievskiy

Russian Academy of National Economy and Public Administration under the President of the Russian Federation (RANEPA) ( email )

Sredny av. V.O., 57/43
St. Petersburg

Gaidar Institute for Economic Policy ( email )

3-5 Gazetny Lane
Moscow, 125009
Russia

Elizaveta Khudko (Contact Author)

Gaidar Institute for Economic Policy ( email )

3-5 Gazetny Lane
Moscow, 125009
Russia

Russian Academy of National Economy and Public Administration under the President of the Russian Federation (RANEPA) - Moscow Campus ( email )

Moscow, 119571
Russia

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