• A
  • A
  • A
  • ABC
  • ABC
  • ABC
  • А
  • А
  • А
  • А
  • А
Regular version of the site
Student
Title
Supervisor
Faculty
Educational Programme
Final Grade
Year of Graduation
Vladislav Shchukin
The Impact of News on Russian Stock Markets
Finance
(Master’s programme)
2017
In this paper, the author studies the effect of the news on the Russian stock market within two years since January 2014. The study is succeeding in establishing the relationship between returns of the MICEX and the number of categories of political and economic news. At the same time, the author showed that the impact of political news is more significant than the impact of economic news. The study also found that news has an impact on the return of the MICEX 10 on average not more than 30 minutes. In addition to this, the author showed that the greatest effect from the publication of news is already observed in the first 5-10 minutes from the moment of the news publication. Thanks to the research, comparing the reaction of the MICEX 10 and MSCI Russia, it was also possible to establish that foreign investors are less sensitive to the news publication when making decisions.

Student Theses at HSE must be completed in accordance with the University Rules and regulations specified by each educational programme.

Summaries of all theses must be published and made freely available on the HSE website.

The full text of a thesis can be published in open access on the HSE website only if the authoring student (copyright holder) agrees, or, if the thesis was written by a team of students, if all the co-authors (copyright holders) agree. After a thesis is published on the HSE website, it obtains the status of an online publication.

Student theses are objects of copyright and their use is subject to limitations in accordance with the Russian Federation’s law on intellectual property.

In the event that a thesis is quoted or otherwise used, reference to the author’s name and the source of quotation is required.

Search all student theses