Business · Markets · 8 hrs ago

Russian stock indexes rise, with MOEX up 1.45%

Russian stock indexes rise, with MOEX up 1.45%

Russian stock indexes ended higher on Friday, with the MOEX Russia Index rising 1.45% to 2,464.67 points.

The RTS Index gained 2.19% to 964.05 points.

Both indexes track parts of Russia’s stock market, and the figures show their closing levels.

The MOEX index briefly fell after a Central Bank meeting, then recovered, according to a market comment.

The comment also said oil prices reached multi-month highs, which coincided with the market’s gains.

The yuan fell to 12.064 rubles, down 10.1 kopecks.

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What people are saying

Andrey SmirnovBCS Investment World representative
The MOEX Russia Index largely showed growth on Friday. The benchmark went to the red zone immediately after the meeting of the Central Bank but quickly recovered to a good upside. Oil prices continued updating many-month maximums,
via TASS