... trend. Analysis of long-term trends helps in making strategic investment decisions. Short-term fluctuations can be caused by speculative factors. Understanding the factors affecting IMOEX is necessary to minimize risks. The dynamics of IMOEX affects the investment attractiveness of Russian assets. IMOEX as an indicator of the state of the Russian stock market The Moscow Exchange Index (IMOEX) acts as the most complete and objective indicator of the state of the Russian stock market. Its dynamics reflect the general sentiment of investors, the influence of macroeconomic factors and changes in individual sectors of the ...

... year horizon, it is important to remember that exchange rates are unpredictable. Mutual Funds and IIA. For beginners, mutual funds (PIFs and ETFs) are convenient. For example, accessible options include bond funds (government or corporate), the Moscow Exchange index fund (or global market). Mutual funds offer professional management, although they charge fees. The IIA allows investment in stocks and bonds with a tax incentivized deduction (13% from expenditures up to 400,000 ₽ per year). PIFs within an IIA can yield additional deductions. Taxes on the sale of securities and dividends are imposed at the standard rate (13%/15%). Conclusion: ...

... the key Russian stock indices, which reflects the dynamics of stock prices of the largest companies traded on the Moscow Exchange, but is calculated in US dollars. This makes the RTS Index an important indicator for assessing the state of the Russian stock market in the context of international investments and taking into account the influence of the ruble to dollar exchange rate. Features of the RTS Index: Currency base: The index is calculated in US dollars, which makes it sensitive to changes in the exchange rate. The growth of the dollar against the ruble can put pressure on the index value, even if the stock ...

... short-term investments (less than 3 years), benefits are generally unavailable, making the IIS not significantly advantageous compared to a regular account. Foreign Instruments Diversification is possible through foreign assets: foreign ETFs, bonds, stocks. They provide access to global markets and other currencies. However, such investments carry currency risk (fluctuations in the ruble exchange rate) and may be subject to sanction restrictions. Income from foreign dividends/coupons is also taxed at a PIT rate of 13%. Risks, Profitability, and Taxation Profitability: Short-term ruble investments typically yield around 15-20% annually....

... major banks, transport), while the share of private issuers remains limited. By the end of 2023, the Russian equity market (Moscow Exchange) was valued at approximately ₽58–62 trillion. Key growth drivers in 2022–2023 included rising blue-chip stock prices and an influx of retail investments: the Moscow Exchange index posted a record rise of 44% in 2023. However, market liquidity remains low, with average daily trading volumes being small relative to capital, and the portfolio of the most active private investors is confined to a narrow range of stocks....