On the Importance of Oil and Gas Industry to the Russian Economy

The Russian economy is the seventh largest in the world with a GDP of $2.55 Trillion (based on purchasing power parity) in 2013 according to data by the CIA’s World Factbook. The petroleum industry is one of the major contributors to the economy with the majority of the industry’s products exported to Europe. The petroleum industry …

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A Note On The Market Capitalization Of Russian Stock Market

The stock market capitalization of the Russian is small compared to the U.S. market. The total market cap of the US market is in the Trillions of dollars while the Russian market is just a couple of hundred billion dollars. Back in January The Economist published the following graph showing the market caps of select …

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A Review of the Russian Blue Chip Index

The S&P 500 is up by just over 9.0% year-to-date. The MICEX Index, the benchmark of the Russian equity market is basically flat year-to-date. One of the indices on the Moscow Stock Exchange is the Blue Chip Index.  Here is the description of the index from the exchange site: Moscow Exchange Blue Chip Index is an indicator of the …

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