Mechel, NCSP, Mosenergo to be included in MICEX, RTS indexes

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Mechel, NCSP, Mosenergo to be included in MICEX, RTS indexes

MOSCOW. Dec 1 (Interfax) - Moscow Exchange will include ordinary shares in Mechel , Novorossiysk Commercial Sea Port (NCSP) and Mosenergo in the calculation bases for the MICEX and RTS stock indexes in the December 16-March 15 period, the exchange said in a statement.

Those stocks will replace ordinary shares in Nizhnekamskneftekhim and Cherkizovo Group and depository receipts in Lenta Ltd.

The MICEX and RTS indexes are calculated on the basis of the 50 most liquid Russian company shares. Inclusion in the calculation basis makes it possible for a broader circle of investors to buy the shares.