Russian market indices ended the trading session on Friday with a downward trend.
The Russian stock indices accelerated the decline on Friday.
Russian stocks opened lower on Friday as the MOEX Index dropped by 2.4% to 3,852.99 points, while the RTS Index lost 3.45% to 1,608.28 points.
The dollar to ruble exchange rate grew by 20.85 kopecks to 74.8875 rubles at the Moscow Currency Exchange opening Friday.
The Russian stock market saw generally low trading activity on Thursday.
The MOEX index increased by 0.35% to 3,964.25 points, the RTS index – by 0.65% to 1,671.42 points on Thursday.
Singapore’s DBS Group (OTC:DBSDY) said its online banking services had been fully restored after suffering disruptions for about two days in its biggest outage since 2010, prompting the central bank to consider taking supervisory action.
The dollar fell by 17kopecks to 74.82 rubles in early trading on the Moscow Exchange on Thursday.
Floods that wiped out bridges, roads and rail lines in British Columbia will hurt Canada’s economic growth and fuel inflation in the fourth quarter, but the Bank of Canada’s rate-hike timing is likely to remain unchanged.
Russian market indexes ended the trading session on Wednesday in the red on the back of material worsening in the international mood.