Russian stocks ended the trading day mixed on Wednesday as the MOEX Russia Index lost 0.6% to 2,786.23 points, while the RTS index added 0.24% to 1,143.42 points.
India’s largest lender, State Bank of India announced concession in home loan rates by as high as 25 basis points, ahead of the festive season.
The dollar rate during the currency trade on the Moscow Exchange fell by 0.45% to the close of the previous session and dropped to 76.99 rubles.
The Bank of Russia sold 8.6 bln rubles ($111 mln) worth of foreign exchange on the domestic market with settlements on October 20 as part of preventive measures curbing volatility, the regulator reported on Wednesday.
As of 10:10 Moscow time, the dollar exchange rate was at around 77.11 rubles.
Russian stock indices started trading with growth on Wednesday.
Dividends paid by British companies dropped to the lowest level since 2010 after a brutal third quarter for investors.
Morgan Stanley (N:MS) said on Wednesday it will cover college expenses for 60 students at historically Black colleges and universities (HBCUs) in the banking industry’s latest attempt to address racial injustice after the death of George Floyd.
Banks that facilitated the U.S. government’s Paycheck Protection Program at first saw the effort as a small revenue booster with a patriotic bonus, shepherding $525 billion in loans to businesses slammed by the fallout of the COVID-19 pandemic.
Australian shares closed higher on Wednesday, supported by gains in financial and energy stocks, on hopes that the United States was nearing a deal on a stimulus package.