MOEX Russia, RTS indexes falling as trading day ended

TASS Russian News Agency | Aug 5, 2022 at 8:20 PM

MOSCOW, August 5. /TASS/. Russian market indexes ended the trading session on Friday in the red. The MOEX Russia Index declined by 2.94% to 2,054.29 points by the close of business on the Moscow Exchange. The RTS index fell by 2.94% also to 1,072.31 points.

The dollar gained 0.22% against the ruble to 60.57 rubles. The euro edged down by 0.005% and amounted to 61.49 rubles.

Brent oil futures had an uptick by 1.73% $95.75 a barrel on the London-based ICE today. Gold prices tumbled 0.88% to $1,790.95 per Troy ounce.

The overall market sentiment, geopolitics, commodities prices and exchange rate dynamics, signals from regulators and corporate news will be in the focus of traders when the new week kicks off, Alexander Bakhtin from BCS Investment World says.

The forecast range of BCS Investment World for the MOEX Russia Index is 1,985-2,100 points on Monday. Freedom Finance believes the expected closing range for the MOEX Russia Index on Monday will be 2,000-2,100 points.