Business · Markets · 6 hrs ago

Russian stock indexes rise at market close

Russian stock indexes rise at market close

Russian stocks ended higher on November 12, with the MOEX Russia Index up 0.73% and the RTS Index up 0.34%.

Both indexes track shares traded on the Moscow Exchange.

The yuan rose 3.9 kopecks to 12.416 rubles.

An analyst described the market picture as mixed, with the ruble weaker and oil recovering.

Metals fell as the US dollar strengthened, while Russia’s statistics service recorded faster weekly and annual inflation as of November 9.

The figures show a modest rise in stocks, but currency moves and inflation remain part of the picture.

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What people are saying

Andrey SmirnovBCS Investment World analyst
The market situation evolves as a contradictory one.
via TASS