Improvement of corporate governance
Improvement of corporate governance
Moscow Exchange to Launch State-Owned Company Performance Index
21.05.2015 17:59 / slon.ru
The Exchange, says the source, plans to launch the state-owned and regulated companies indexes. The MOEX press office confirmed that the state-owned companies index is in progress. The indexes will be used by MED and FPMA. MOEX declined further comment.
The list of 54 state-owned companies will form the basis for the index. Only listed public companies will be included. Regulated companies index will be based on the registrar of monopolies in water supply, fuel and energy, transport and communications.
Moscow Exchange’s key indexes are MICEX and RTS, comprising of 50 Russian blue chips.
In 2014, RBC agency compiled a rating of the best-performing Russian state-owned companies. The top 3 out of 12 were Rostelecom, Transneft and Gazprom Oil. The least effective were energy companies FSK, RusHydro and Rosseti.
Improvement of corporate governance, Trading infrastructure, Project Group №1