FINANCIAL MARKETS IN MARCH 2014

Nikita Andrievskiy and Elizaveta Khudko

Russian Economic Development, 2014, issue 4, 11-14

Abstract: Foreign political events that took place in March 2014 had an extremely adverse impact on the Russian stock market. It took the MICEX Index just one day to tumble by 10.8% on March 3, 2014. Stock market capitalization lost Rb 1,72 trillion in March 2014, while total capitalization amounted to Rb 21,7 trillion (33.5% of GDP )as of March 26, 2014. The situation in the Russian corporate bond market kept worsening in March 2014 in response to mounting adverse trends in the Russian economy. The key market indicators, such as market volume and index, weighted average yield of issues, investment activity in the primary and secondary markets saw a downtrend during the month.

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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