Business · Markets · 11 hrs ago

Russian stocks rise as main trading session opens

Russian stocks rise as main trading session opens

Russia’s MOEX and RTS stock indices opened higher on Monday as the main trading session began.

At 9:00 a.m.

Moscow time, MOEX was up 0.53% at 2,476.33 points and RTS had gained 0.53% to 949.93 points.

Both indices rose further by 9:30 a.m., reaching 2,478.67 and 950.63 points, respectively.

The yuan also strengthened against the ruble, rising to 12.319 rubles by 9:30 a.m.

The figures show gains in Russian shares and a stronger yuan during the morning trading period.

Earlier, MOEX had risen 1.08% to 2,490.35 points when morning trading began.

The figures provided cover the opening hours of trading and do not say how the market performed later.

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