Financial Markets in Russia in December 2013

Nikita Andrievskiy and Elizaveta Khudko

Russian Economic Development, 2014, issue 1, 12-14

Abstract: The MICEX Index growth during the last month in 2013 has been governed basically by steady gaining Norilsky Nickel’s stocks in response to information about the enterprise’s successful performance. In general, however, it is Sberbank’s preferred stock that remains most profitable investment at year end. The MICEX stock market capitalization amounted to Rb 25,02 trillion (38.45% of GDP) by December 20, 2013. Positive dynamics of the key indicators such as market volume and market index has died out in the corporate bond market. At the same time, issuers and investors keep showing a high level of activity. The situation with issuers’ discharge of their obliga¬tions to bondholders remain stable in December 2013

Keywords: Financial; Markets (search for similar items in EconPapers)
JEL-codes: G1 G15 G3 (search for similar items in EconPapers)
Date: 2014
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