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FINANCIAL MARKET IN October 2013

Author

Listed:
  • Nikita Andrievskiy

    (Gaidar Institute for Economic Policy)

  • Elizaveta Khudko

    (Gaidar Institute for Economic Policy)

Abstract

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.

Suggested Citation

  • Nikita Andrievskiy & Elizaveta Khudko, 2013. "FINANCIAL MARKET IN October 2013," Russian Economic Development, Gaidar Institute for Economic Policy, issue 11, pages 8-11, November.
    • Handle: RePEc:gai:recdev:239
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    More about this item

    Keywords

    Financial Markets;

    JEL classification:

    • G1 - Financial Economics - - General Financial Markets
    • G3 - Financial Economics - - Corporate Finance and Governance
    • G15 - Financial Economics - - General Financial Markets - - - International Financial Markets

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