FINANCIAL MARKET IN October 2013

Oil prices increase in the beginning of October 2013 was followed by a 4.2% growth in the MICEX index in the first half of the month. As of October 28, 2013, the MICEX index increased 2.7% since the start of the month and reached 1511 points. OJSC Norilsk Nickel’s stocks showed maximum growth among...

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Bibliographic Details
Main Authors: Nikita Andrievskiy, Elizaveta Khudko
Format: Article in Journal/Newspaper
Language:unknown
Subjects:
Online Access:http://www.iep.ru/files/RePEc/gai/recdev/239Khudko.pdf
Description
Summary:Oil prices increase in the beginning of October 2013 was followed by a 4.2% growth in the MICEX index in the first half of the month. As of October 28, 2013, the MICEX index increased 2.7% since the start of the month and reached 1511 points. OJSC Norilsk Nickel’s stocks showed maximum growth among blue chips, having increased by 7.09% over the 28 days in October 2013. The MICEX stock market capitalization reached Rb 25,38 trillion (39.12% of GDP) by October 28, 2013. The domestic corporate bond market saw positive trends in October 2013. The key market indicators were driven by an uptrend: market volume, corporate bond market index, weighted average yield, issuers’ activity. Financial Markets