IDEAS home Printed from https://ideas.repec.org/a/gai/recdev/421.html
   My bibliography  Save this article

FINANCIAL MARKET IN October 2014

Author

Listed:
  • Nikita Andrievskiy

    (Gaidar Institute for Economic Policy)

  • Elizaveta Khudko

    (Gaidar Institute for Economic Policy)

Abstract

In November, the MICEX index was driven by the substantial devaluation of the ruble and reached another record- high-level of 1538.9 points during the year. It is the metalworking sector index that became a leader among the sector indices in November, up 12.1% since the beginning of the month. The stock market capitalization as of the 27th of November amounted to Rb 23,9 trillion (36.9% of GDP), an increase of Rb 218,5bn (0.9%) since the 3rd of November. The corporate bond market in November saw some adverse trends such as downward trend in the corporate bond index and investment, and the acceleration of the average weighted bond yield (especially in the production sector). Such indicators as the corporate bond market volume and investment activity of bond issuers showed positive dynamics. At the same time, deterioration in issuers’ failure to discharge their obligations to bondholders was observed.

Suggested Citation

  • Nikita Andrievskiy & Elizaveta Khudko, 2014. "FINANCIAL MARKET IN October 2014," Russian Economic Development, Gaidar Institute for Economic Policy, issue 12, pages 10-13, December.
    • Handle: RePEc:gai:recdev:421
    as

    Download full text from publisher

    File URL: http://www.iep.ru/files/RePEc/gai/recdev/421Khudko.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Financial Markets;

    JEL classification:

    • G1 - Financial Economics - - General Financial Markets
    • G3 - Financial Economics - - Corporate Finance and Governance
    • G15 - Financial Economics - - General Financial Markets - - - International Financial Markets

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:gai:recdev:421. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Olga Beloborodova (email available below). General contact details of provider: https://edirc.repec.org/data/gaidaru.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.