Business · Markets · 9 hrs ago
Russian stock indexes rise after news of a Russia-US diesel deal
Russian stock indexes rose on Monday, October 12, as the main trading session ended in Moscow.
The ruble-denominated MOEX Index gained 3.12% to 2,393.83 points, while the dollar-denominated RTS Index rose 4.34% to 898.65 points.
A market expert said investor buying was supported by news that Russia and the United States had reached a diesel deal, as well as rising oil prices.
The source does not give details of the deal.
Shares in Magnit and VK recorded some of the biggest gains, while Novatek and Surgutneftegas were among the largest decliners.
The rise brought the MOEX Index close to 2,400 points, a level market experts said it could approach or move around on Tuesday.
Their forecasts put the MOEX Index in ranges from 2,300 to 2,450 points, while their currency forecasts also differed slightly.
Russian stock indexes rose at the close of trading on October 12 after news that Russia and the United States had struck a diesel deal.
The MOEX Index gained 3.12% to 2,393.83 points, while the RTS Index rose 4.34% to 898.65 points.
A stock market expert said rising oil prices also supported buying sentiment.
Magnit, VK and Alrosa led gains, while Novatek, Surgutneftegas and Lukoil were among the biggest decliners.
- Who
- Russian stock market investors and traders.
- What
- The MOEX and RTS indexes rose at the close of the main trading session.
- When
- Monday, October 12, 2026.
- Where
- Moscow Exchange, Russia.
- Why
- The rise followed news of a Russia-US diesel deal; rising oil prices also supported buying sentiment.
This story does not have two clearly opposing sides.
News emerged that Russia and the United States had struck a diesel deal.
At the close of the main trading session, the MOEX Index was up 3.12% and the RTS Index was up 4.34%.
- MOEX Index
- Up 3.12% to 2,393.83 points
- RTS Index
- Up 4.34% to 898.65 points
- Top gainers
- Magnit (+6.61%), VK (+6.17%) and Alrosa (+5.54%)
- Top decliners
- Novatek (-3.39%), Surgutneftegas (-2.12%) and Lukoil (-2.01%)
What people are saying
The MOEX Index rose toward the 2,400-point mark following news that Russia and the US had struck a 'diesel deal.' Buying sentiment was also supported by rising oil prices.
Sources
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