Russia's equity markets have been a fascinating space to explore, with the country's unique economic landscape offering a mix of challenges and opportunities for investors. The Russian stock market has a history dating back to 1995, when the Moscow Interbank Currency Exchange (MICEX) was established.
One of the most notable features of the Russian equity market is its reliance on a small group of large-cap stocks, which account for a significant portion of the market's capitalization. This concentration of shares makes the market vulnerable to volatility.
Investors looking to tap into the Russian equity market can consider the RTS Index, which is the primary benchmark for the Russian stock market. The RTS Index has a market capitalization of over $1 trillion, making it one of the largest stock market indices in the world.
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Russia's Equity Market Performance
Russia's Equity Market Performance was quite volatile in 2024. The Russia RTS closed at 893.2 points in December 2024.
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This is a significant increase from the previous month, where it closed at 753.8 points. The market has fluctuated greatly over the years, with a low of 43.8 points in September 1998.
The all-time high for the Russia RTS was 2,459.9 points in May 2008. This highlights the market's potential for growth and decline.
Key Statistics
The Russian equity market has some notable statistics that are worth highlighting. The Russia RTS closed at 893.2 points in Dec 2024.
One key statistic is the range of the Russia RTS index, which has fluctuated between 43.8 points in Sep 1998 and 2,459.9 points in May 2008. This shows the significant volatility in the market over the years.
The Russia RTS index has a base year of 01Sep1995=100, which provides a useful reference point for tracking changes in the market.
The frequency of the data is monthly, which allows for a detailed analysis of the market's performance over time.
Here are some key statistics from the Russia RTS index:
Frequently Asked Questions
What is the main Russian stock market?
The Moscow Exchange is Russia's main stock market, operating the country's central securities depository and clearing services. It's the hub for buying and selling Russian stocks and securities.
What is the Russian equity market cap?
As of November 2024, the Russian equity market capitalization is approximately 46.686 USD billion. You can see more data in the table below for a clearer understanding.
Sources
- https://www.ceicdata.com/en/indicator/russia/equity-market-index
- https://www.marketscreener.com/stock-exchange/shares/europe/russia-73/
- https://www.tradingview.com/markets/stocks-russia/market-movers-active/
- https://ideas.repec.org/a/nea/journl/y2024i63p117-143.html
- https://www.ft.com/content/1b591f2e-57de-4d0d-b115-89f3369c48f3
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