MOEX Russia Index

{{Short description|Russian stock market index}}

File:MOEX Russia Index.png

The MOEX Russia Index ({{langx|ru|Индекс МосБиржи}}), formerly the MICEX Index, is the main ruble-denominated benchmark of the Russian stock market.{{cite web|title=Russian benchmark officially renamed the MOEX Russia Index|url=http://www.moex.com/n17810|website=Moscow Exchange |accessdate=12 December 2017}} It was established by the Moscow Interbank Currency Exchange (MICEX) on 22 September 1997.{{cite web|title=MOEX Russia Index |url= https://www.bloomberg.com/quote/IMOEX:IND |website=Bloomberg.com|accessdate=10 March 2022}} MICEX merged with the Russian Trading System to form Moscow Exchange (MOEX) in 2011 and the index was renamed to MOEX Russia Index on 27 November 2017.{{cite news|title=Russian benchmark MICEX Index renamed MOEX Russia Index, RTS Index remains unchanged |first=Valentina |last=Kirilova |url=https://www.leaprate.com/financial-services/exchanges/russian-benchmark-micex-index-renamed-moex-russia-index-rts-index-remains-unchanged/ |work=LeapRate|date=28 November 2017 |accessdate=10 March 2022}}

It has the same composition as the RTS Index, which is denominated in U.S. dollars. The MOEX Russia Index is traditionally favored by domestic investors, while foreign investors prefer the RTS Index.{{cite news|title=Why Is One Russian Stock Index Up and the Other Down? |first=Howard |last=Amos |date=4 December 2014 |url=https://themoscowtimes.com/articles/why-is-one-russian-stock-index-up-and-the-other-down-41995 |newspaper=The Moscow Times |language=en |accessdate=10 March 2022}} The number of component stocks is variable, and depends on liquidity and trading frequency.{{cite news|title=Moscow Exchange renames MICEX index|url=http://tass.com/economy/977669|accessdate=12 December 2017|work=TASS|language=ru}}