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Russian stock indices rising on Friday

The MOEX Russia Index edged up by 0.49% to 3,456.24 points, the RTS Index surged by 0.27% to 1,165.53 points

MOSCOW, April 12. /TASS/. The Russian stock market ended the trading session on Friday with the upward trend, according to trading data.

The MOEX Russia Index edged up by 0.49% to 3,456.24 points. The RTS Index surged by 0.27% to 1,165.53 points.

The yuan added 0.001% to 12.86 rubles. The dollar ticked up by 0.16% to 93.43 rubles. The euro tumbled 0.39% to 99.61 rubles.

"A combination of the weak ruble and the rise in commodity prices contributed to growth of the Russian market," Alexander Bakhtin from BCS Investment World said. The international background was predominantly negative.

"March data on the China’s trade balance gave the rise to concerns. Exports from the country plunged by 7.5% in the dollar value as compared to the year earlier, while imports contracted by 1.9% - much worse than the forecast in both cases," the expert noted.

BCS Investment World expects the MOEX Russia Index to be in the range of 3,375-3,475 points on Monday. Freedom Finance Global believes the Index will move within 3,400-3,500 points.