China Minsheng Banking Group said risks from its loan exposure to debt-laden property developer China Evergrande Group is “within controllable range”.
The dollar fell by 3.75 kopecks to 72.57 rubles in early trading on the Moscow Exchange on Thursday.
At the end of Wednesday, the MOEX index rose by 0.4% to 3,837.15 points, the dollar RTS index – by 1.25% to 1,666.21 points.
The cost of a futures contract for Brent crude with settlement in August 2021 rose 1.62% and reached $ 76.02 per barrel on the London ICE stock exchange, as of 5:31 pm Moscow time.
The collapse of London Capital & Finance showed how Britain’s Financial Conduct Authority appeared unable to meet standards of accountability it imposes on firms it regulates, a parliamentary report said on Thursday.
The company will inject additional 802 million riyals to retain 85% of STC Pay’s share capital.
The St. Petersburg Exchange is eyeing an opportunity of starting five-day trading for 21 hours per day, President of NP RTS, the majority shareholder of the Exchange, Roman Goryunov said on Wednesday.
Stock Markets Live: SGX Nifty Climbs Amid On Fed Comments; Apollo Hospitals, India Pesticides IPO In Focus
Indian stocks declined, snapping a two-day advance.
Russian stocks opened higher on Wednesday as the MOEX Index was up by 0.38% at 3,836.12 points, while the RTS Index was trading at 1,661.13 points (+0.94%).
The dollar rose by 4.75 kopecks, to 72.92 rubles, at the opening of trading on the Moscow Exchange on Wednesday.