The Moscow Exchange plans to exclude common shares of the Russian metals and mining group Mechel from the lists of its main indices staring from March 22, the bourse said in a statement on February 27.
“The Moscow Exchange has announced today the results of a quarterly review for the MOEX indices. All changes were made following recommendations from the Index Committee and would be introduced from March 22. Mechel will be removed from the MOEX Russia Index and the RTS Index,” the bourse said.
The bourse is also considering inclusion of depositary receipts of multi-industry holding En+ Group into the indices and exclusion of common shares of pipeline producer TMK from the indices.
“The constituent list of the Blue Chip Index will remain unchanged,” the Moscow Exchange said.
The list of changes also comprises inclusion of common shares of gold producer Buryatzoloto and preferred shares of chemical company Khimprom into the Broad Market Index, while common shares of Russian Aquaculture will be excluded from it, as well as from the Consumer & Retail Index. (Prime/Ukrainian metal)