RTS Index up 0.96%, MOEX Index up 1.04% as trading closes on Tuesday

TASS Russian News Agency | Sep 27, 2022 at 7:12 PM

MOSCOW, September 27. /TASS/. During the trading session on Tuesday the Russian stock market tried to win back some of the losses suffered last week.

As a result of the day, the MOEX index rose by 1.04% to 1,953.46 points, the RTS index went up by 0.96% to 1,053.46 points.

"The uncertainty linked with updating of geopolitical risks, combined with a strong ruble, does not yet allow for a full-fledged rebound," said Alexander Bakhtin, an investment strategist at BCS World of Investments.

At the end of the day, the dollar exchange rate edged up by 0.06% to 58.45 rubles, the euro edged down by 0.09%, to 56.15 rubles.

On Tuesday, the price of Brent oil rose by 3.13% to $85.45 per barrel.

According to BCS World of Investments, on September 28, the MOEX index will be in the range of 1,900 - 2,050 points, the forecast range for the dollar-ruble pair is 57-60 rubles.