Two new indices called MOEX State-Owned Companies Index and MOEX Regulated Companies Index have been launched to improve efficiency estimation and transparency of corporate governance of state-owned companies.
The Moscow Exchange signed a cooperation agreement with the Russian Ministry of Economy and the Federal Agency for State Property Management to launch equity market indices of publicly traded companies for which the Russian government acts as the shareholder on behalf of the Russian Federation.
The MOEX Regulated Companies Index will include shares of natural monopolies included on the corresponding list of the Federal Tariff Service. MOEX State-Owned Companies Index will be based on 54 companies with shares traded on MOEX.
Contact:
Ksenia Liskina
Relationship Manager
Global Securities Services Russia
Ksenia.Liskina@unicredit.ru