MOEX Russia, RTS indexes falling by end of trading session, Brent price down 0.48%

TASS Russian News Agency | Nov 19, 2020 at 6:48 PM

MOSCOW, November 19. /TASS/. Russian market indexes ended the trading session on Thursday in the red. The ruble-denominated MOEX Russia Index declined by 1.01% to 3,049.61 points by the close of business on the Moscow Exchange. The dollar-denominated RTS Index lost 1.41% and dropped to 1,258.76 points.

The dollar rose by 0.24% to 76.25 rubles at the same time. The euro gained 0.13% to 90.3 rubles during the trading session.

Meanwhile, Brent futures dropped by 0.48% to $43.95 a barrel on the London-based ICE.

Cautious dynamics is expected to remain on Friday on the back of publications regarding the base lending rate of the People's Bank of China and the flash report of the Russian statistical agency, Alexander Bakhtin from BCS Investment World says.

Chances prevail that Russian stocks will be in the green tomorrow, Alexander Osin from Freedom Finance comments.

The MOEX Russia Index is expected to be in the range of 2,990-3,090 points on Friday, BCS Premier says. Freedom Finance predicts the range of 3,050-3,115 points for the MOEX Russia Index tomorrow.