Business · Markets · 3 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.
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
What people are saying
The MOEX Russia Index ended the week with mixed moves above 2,300 points. The combination of cheapening oil and strengthened ruble applied pressure.
Sources
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