Smart Moves, Strong Returns

MKT Data – Global Stock Exchanges

Revised Moscow Exchange Indices: Key Companies Added, Exclusions Announced

Moscow Exchange has recently disclosed the revised lists of its indices, unveiling significant changes that are poised to impact the market. The adjustments, following a quarterly review, were recommended by the Index Committee and are scheduled for implementation starting December 20, 2024. Notably, several companies will witness alterations in their free floats and weighting factors.

Among the modifications, the MOEX Russia Index and the RTS Index are set to incorporate ordinary shares of IPJSC Headhunter, PJSC “Sovcombank,” and PJSC “UGC,” while excluding depository receipts of Ozon Holdings PLC. Meanwhile, the Blue Chip Index will welcome ordinary shares of PJSC “Moscow Exchange” and IPJSC Headhunter, bidding farewell to ordinary shares of PJSC “MMK” and PJSC “Magnit.”

Furthermore, the SMID Index will see the inclusion of ordinary shares of PJSC Softline, PJSC PROMOMED, and PJSC “Rosseti Ural,” with depository receipts of ETALON GROUP PLC exiting the index. In a similar vein, the Broad Market Index will witness the addition of PJSC “Sovcombank,” “ARENADATA GROUP” PJSC, PJSC “Ozon Pharmaceuticals,” PJSC “SPB Exchange,” and PJSC IVA, alongside the removal of depository receipts of Ozon Holdings PLC and ETALON GROUP PLC.

In the sectoral indices, PJSC “Ozon Pharmaceuticals” will join the Consumer Index, while PJSC “Sovcombank” and PJSC “SPB Exchange” will become part of the Financials Index. On the other hand, depository receipts of ETALON GROUP PLC will exit the Real Estate Index. The IT Index will incorporate “ARENADATA GROUP” PJSC and PJSC IVA, while excluding depository receipts of Ozon Holdings PLC.

Looking ahead, potential additions to the MOEX Russia Index and the RTS Index include ordinary shares of PJSC “SFI,” MD Medical Group IPJSC, Renaissance Insurance Group PJSC, and PJSC “RussNeft.” Conversely, probable exclusions comprise ordinary shares of PJSC “Magnit,” PJSC “LC ‘Europlan’,” PJSC “Samolet Group,” and preferred shares of PJSC “Mechel.”

The adjustments extend to the calculation of shares employed in the Moscow Exchange Indices, reflecting alterations in the number of shares and free-float coefficients for various issuers. Additionally, the Exchange is contemplating the inclusion of several stocks in its indices, such as PJSC “Artgen,” STG PJSC, Fix Price Group Ltd, Rosseti South PJSC, and more.

For detailed information on the constituent stocks of the Moscow Exchange Indices and the Multi-Assets Indices, interested parties are encouraged to refer to the provided link. For further inquiries, the Public Relations Department can be reached at the indicated contact numbers. These changes mark a significant evolution in the composition of the Moscow Exchange indices, potentially reshaping the investment landscape in the upcoming period.


Posted

in

by

Comments

Leave a Reply