MOEX Russia, RTS indexes rising by end of trading session – market data

TASS Russian News Agency | Nov 26, 2020 at 7:38 PM

MOSCOW, November 26. /TASS/. Russian market indexes were in the green during the trading session on Thursday. The ruble-denominated MOEX Russia Index grew by 0.13% to 3,138.62 points by the close of business on the Moscow Exchange. The dollar-denominated RTS Index rose by 0.41% to 1,307.14 points, according to trading data.

The dollar rose by 0.1% to 75.67 rubles. The euro added by 0.03% and amounted to 90.08 rubles.

Meanwhile, Brent futures dropped by 0.42% and totaled $47.75 a barrel on the London-based ICE.

"Sales in our stocks were promoted by the situation on the energy market," Bogdan Zvarich from PSB says.

The vaccine optimism and expected incentives from regulators and the political uncertainty in the US support the mood in the ‘risk on' zone, Alexander Bakhtin from BCS Investment World says. At the same time, the pandemic situation does not demonstrate any improvements so far, he adds.

The MOEX Russia Index can be within the range of 3,090-3,160 points tomorrow, BCS Investment World says. Freedom Finance believes the chances for the market to be in the green tomorrow prevail and predicts the MOEX Russia Index range of 3,060-3,160 points by the close of business on Friday.