|Bid||96.65 x 100000|
|Ask||96.69 x 21000|
|Day's Range||96.27 - 96.70|
|52 Week Range||79.66 - 103.00|
|Beta (3Y Monthly)||0.88|
|PE Ratio (TTM)||11.15|
|Earnings Date||Nov 4, 2019 - Nov 11, 2019|
|Forward Dividend & Yield||7.70 (7.95%)|
|1y Target Est||125.76|
Denisov was previously the Moscow Exchange's deputy CEO and was a member of its supervisory board. Denisov, who is yet to be formally approved by the central bank, will be in charge of implementing the exchange's new strategy which has yet to be unveiled.
The Moscow Exchange and two leading Indian bourses signed agreements on Wednesday designed to ease access to the Russian market for Indian capital, amid moves by Russia to attract a wider investor pool. The Moscow Exchange, Russia's leading bourse, signed a memorandum of understanding with BSE, India's No.1 exchange, and The India International Exchange to connect investors and companies in both countries. Alexander Afanasyev, the head of Moscow Exchange, said Indian investors were looking at the Russian market with interest.
Russian-Venezuelan lender Evrofinance Mosnarbank, which was placed under U.S. sanctions, will retain access to Moscow Exchange markets, but will have restrictions on its foreign exchange operations, the Moscow Exchange said on Friday. The bank was an active player on the Moscow Exchange's currency market and in February was the 18th biggest player of dollar-rouble swaps.
The Russian state's resumption of foreign currency purchases after many months should not increase forex market volatility, the head of the Moscow Exchange said. The central bank will resume daily purchases of foreign currency for the state reserves on the exchange on Jan. 15, a move that has already put pressure on the rouble since it was announced in late November and one that is likely to limit room for the currency to strengthen. Igor Marich, managing director of the Moscow Exchange's money and derivatives market, told Reuters that the market may already have priced in the change.
Russia's Saint-Petersburg Exchange saw the number of clients and volumes soar this year, helped by its service that allows investors trade in U.S. stock via the bourse. U.S. shares are held by Russia's Settlement Depository Company and can be transferred to any depository worldwide. Buyers of U.S. stocks on the Saint-Petersburg Exchange receive dividends as other stockholders.
The Moscow Exchange (MOEX.MM) has launched five new currency trading options to boost liquidity on its currency market, the bourse said on Monday. The Moscow Exchange said it had started quoting the Japanese yen against the Russian rouble, and was now offering trading between the U.S. dollar and the Swiss franc, the Chinese yuan, Kazakh tenge and Turkish lira. The exchange hopes to develop its infrastructure as part of a Kremlin-backed drive to make Moscow one of the world's leading financial hubs.
The Moscow Exchange said on Friday it had put off plans to offer access to the 50 most liquid U.S. shares due to a political standoff with the West. Russia is bracing itself for more U.S. sanctions that could dent foreign investment in Russian sovereign debt amid another wave of tension between Moscow and Washington. The Moscow Exchange had planned to expand its range of trading tools by offering access to around 50 U.S. companies with the most popular and liquid shares in the third quarter.