MOEX Russia, RTS indexes rising by end of trading session, Brent price down 2.53%

TASS Russian News Agency | Mar 26, 2020 at 5:51 PM

MOSCOW, March 26. /TASS/. Russian market indexes ended the trading session on Thursday with an upward trend. The ruble-denominated MOEX Russia Index grew by 1.52% to 2,489.97 points by the close of business on the Moscow Exchange. The dollar-denominated RTS Index rose 3.6% to 1,017 points, according to trading data.

The dollar dropped by 1.06% to 77.4 rubles. The euro rose 0.36% and amounted to 85.41 rubles.

Meanwhile, Brent futures for May2020 settlement declined by 2.53% and totaled $26.73 a barrel on the London-based ICE.

Chances for the market growth prevail for tomorrow, contrary to the adverse domestic investment background, Alexander Osin from Freeedom Finance says.

Cautious mood can dominate the Russian market tomorrow, Alexander Bakhtin from BCS Premier comments.

The MOEX Russia Index can be within the range of 2,400-2,520 points tomorrow, BCS Premier says. Freedom Finance predicts the Index will be 2,440-2,700 points.