Business · Markets · 2 days ago
Russian stock indexes rise as trading week ends
Russia’s main stock indexes ended Friday higher.
The MOEX Russia Index rose 0.39% to 2,321.31 points, staying above 2,300.
The RTS Index gained 0.99% to 861.28 points.
The yuan also rose slightly, gaining 0.2 kopeck to 12.2681 rubles.
The market’s weekly moves were mixed.
An analyst said cheaper oil and a stronger ruble put pressure on shares.
The figures describe the close of trading on Friday; no further market outlook was given.
The MOEX Russia Index rose 0.39% to 2,321.31 points on Friday, according to trading platform data.
The RTS Index gained 0.99% to reach 861.28 points.
The yuan rose 0.2 kopeck to 12.2681 rubles.
Andrey Smirnov of BCS Investment World said cheaper oil and a stronger ruble put pressure on the market.
- Who
- The MOEX Russia Index and the RTS Index.
- What
- The MOEX rose 0.39% to 2,321.31 points, while the RTS gained 0.99% to 861.28 points.
- When
- Friday, October 9.
- Where
- The Moscow Exchange in Russia.
- Why
- Smirnov said cheaper oil and a stronger ruble applied pressure to the market.
This story does not have two clearly opposing sides.
The MOEX Russia Index ended the week with mixed moves above 2,300 points. The combination of cheapening oil and strengthened ruble applied pressure.
This story does not have a timeline yet.
- MOEX Russia Index
- Up 0.39% to 2,321.31 points
- RTS Index
- Up 0.99% to 861.28 points
- Yuan
- Up 0.2 kopeck to 12.2681 rubles
- Date
- Friday, October 9
Sources
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