VTB Bank is one of the largest companies by market capitalization listed on the Moscow Exchange. VTB shares trade under the ticker VTBR, and are included in a number of Russian and global indices. Inclusion in stock exchange indices is important for any company, as it reflects the size of the company’s market capitalization, liquidity of the stock and leadership in a particular sector or geography.
VTB’s ordinary shares are constituents of the major indices on the Moscow Exchange, including MOEX Russia Index and RTS Index. The Moscow Exchange Indices are capitalization-weighted composite indices which are calculated based on prices of the fifty most liquid Russian stocks of the largest and dynamically developing Russian issuers traded on the Moscow Exchange.
Blue Chips index reflects performance of 15 most liquid Russian companies' shares, including VTB Bank.
The Sector Indices are capitalization-weighted indices with calculation being based on prices of the most liquid shares of Russian issuers admitted to trading at the Moscow Exchange. Methodology of the Sector Indices implies calculation of the Indices values using both ruble-denominated and dollar-denominated prices. VTB’s ordinary shares are constituents of the MOEX Russia index Financials and RTS Finances Index.
Global depositary receipts (GDRs) representing VTB shares trade on the London Stock Exchange (ticker: VTBR LI). The bank’s GDRs are included in the FTSE Russia IOB Index, as well as the FTSE BRIC 50 Index, which tracks 50 major stocks from Brazil, Russia, India and China.
VTB’s GDRs are also included in the MSCI Emerging Markets and MSCI Russia indices. MSCI indices indicate global recognition of a company and help issuers strengthen their positive image among large institutional investors, which rely on the indices when making portfolio allocation decisions. The MSCI Emerging Markets and MSCI Russia indices are MSCI’s two most important indices for Russian companies.
The Vienna Stock Exchange includes VTB’s GDRs in its Russian Depository Index (RDX), which tracks the most liquid depositary receipts traded on the London Stock Exchange representing Russian shares.