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  • MICEX Begins To Calculate A Corporate Bond Index (RCBI)

    Date 19/01/2004

    Implementing the program of development of the corporate bond market, the MICEX has begun to publish the index of corporate bonds (Russian Corporate Bond Index - RCBI). This index has been calculated since 1 January 2003. One-year experience has shown that RCBI index accurately reflects the price situation in the Russian market of corporate borrowings. RCBI is weighted by market capitalization. It is the index of bonds traded in the MICEX Stock Market Section. RCBI is a so-called price index, ca

  • Labuan International Financial And International Islamic Financial Market Sign MOU To Jointly Develop An Enhanced Islamic Capital Market

    Date 19/01/2004

    Labuan International Financial Exchange (LFX) has signed a Memorandum of Understanding (MOU) with the Bahrain based International Islamic Financial Market (IIFM) today.

  • Kuwait Stock Exchange Trading Report For December 2003

    Date 19/01/2004

    The index of the Kuwait Stock Exchange reached 4,790.2 points at the end of December 2003, an increase of 268.4 points from the closing value at the end of November, 2003. The weighted index reached 291.34 points at the end of December, an increase of 14.19 points from the closing value at the end of November 2003.

  • Kuwait Stock Exchange Trading Report For 2003

    Date 19/01/2004

    The index of the Kuwait Stock Exchange reached 4,790.2 points at the end of December 2003, an increase of 2,414.9 points from the closing value at the end of December, 2002. The weighted index reached 291.34 points at the end of December, an increase of 69.3% points from the closing value at the end of December 2002.

  • Korea Stock Exchange: Changes In Trading Schemes To Become Effective On Jan. 26, 2004

    Date 19/01/2004

    Introduction of Random-end System The KSE will introduce a random-end system to curb any attempt to manipulate the opening or closing price. When the provisional opening or closing price of an issue deviates significantly from its indicative prices, the KSE delays the determination of the opening or closing price of the issue to establish a fair price by including more quotations in the auction process. The official opening or closing price of such issue is determined a