RUSSIAN FINANCIAL MARKETS IN JUNE-JULY 2015

Elizaveta Khudko and Evgenii Gorbatikov

Russian Economic Development, 2015, issue 8, 10-13

Abstract: As in June, the MICEX Index in July was fluctuating near 1630 index points. However, it ended at the lowest in the period under review, down 3% within the month. The Oil & Gas Index fell and the oil & gas industry lost near 1% in the MICEX capitalization structure due to more than a 13% fall of oil prices. The Chemical and Petrochemical Index advanced higher than other industry indices. The MICEX daily average turnover declined for the third straight month. The situation in the Russian domestic corporate bond market was relatively normal despite adverse external environment and negative internal trends in the economy. The key market indicators such as the corporate bond market volume and index, the weighted average yield rate of bond issuances; investors’ activity remained high in the primary and secondary markets (particularly in the fi nancial segment). Defaults on obligations to bondholders still remained a problem.

Keywords: Russian; Economy (search for similar items in EconPapers)
JEL-codes: C81 E30 E31 L11 (search for similar items in EconPapers)
Date: 2015
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.iep.ru/files/RePEc/gai/recdev/572Khudko.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:gai:recdev:572

Access Statistics for this article

Russian Economic Development is currently edited by Alexei Vedev

More articles in Russian Economic Development from Gaidar Institute for Economic Policy Contact information at EDIRC.
Bibliographic data for series maintained by Olga Beloborodova ( this e-mail address is bad, please contact ).