OREANDA-NEWS. The Bank of Russia registered a new Methodology of the Moscow Exchange Indices Calculation on 17 December 2015. The methodology was adopted by the Directorate of MICEX SE on 6 November 2015.

The methodology now covers the following equity indices:

·         MICEX Index and RTS Index;

·         Broad Market Indices;

·         Second Tier Indices;

·         Blue Chip Index;

·         Sectoral Indices;

·         Regional Indices;

·         MICEX Innovation Index.

According to the methodology, interval calculation will be applied to all indices. To improve the accuracy of dollar-denominated indices, the total market cap instead of each constituent price is converted from RUB to USD. Calculation method for the RUB/USD indicative rate used to calculate the indices remains unchanged.  

The effective date of the new methodology will be announced in due course.