MOEX Russia, RTS indexes in the green by end of trading day

TASS Russian News Agency | Jan 11, 2022 at 7:52 PM

MOSCOW, January 11. /TASS/. Russian exchange indexes ended the trading day on Tuesday with the upward trend. The ruble-denominated MOEX Russia Index grew by 1.25% to 3,785.29 points at the close of today's trade on the Moscow Exchange. The dollar-denominated RTS index added 1.93% and climbed to 1,595.45 points.

The dollar tumbled 0.45% against the ruble to 74.55 rubles. The euro edged down by 0.27% and amounted to 84.7 rubles.

Brent oil futures moved up by 1.79% on the London's ICE to $83.67 per barrel.

"Growth on the Russian market was driven by the improvement in the overall market mood and energetic growth in commodities prices,"

Alexander Bakhtin from BCS Investment World said.

The MOEX Russia Index is likely to be within 3,725-3,825 points tomorrow, BCS Investment World forecasts. Freedom Finance predicts the target closing levels for the MOEX Russia Index to be 3,695-3,830 points, with the market expected to be in the green.