Russian stock indices in the green as trading on Moscow Exchange closes on Thursday

Business & Economy April 11, 20:37

The dollar-to-ruble rate dropped by 0.16% to 93.27 rubles, while the euro-to-ruble rate fell by 0.49% to 100.00 rubles

MOSCOW, April 11. /TASS/. The Russian stock indices were in the green on Thursday having reached new highs since the beginning of 2022.

At the end of the main session, the MOEX index increased by 0.01% to 3,439.53 points, the dollar-denominated RTS index went up by 0.26% to 1,162.36 points.

The yuan-to-ruble rate decreased by 0.02% to 12.85 rubles, the dollar-to-ruble rate dropped by 0.16% to 93.27 rubles, the euro-to-ruble rate fell by 0.49% to 100.00 rubles.

"The MOEX index exceeded 3,450 points, after which it retreated moderately against the background of the strengthening of the ruble and oil price uncertainty," said investment strategist at BCS World of Investments Alexander Bakhtin.

The growth leaders at the end of the session were shares of Bank St. Petersburg (+2.46%), quoted prices of Cherkizovo (+1.86%), shares of Polyus (+1.53%), shares of OGK-2 (+1.54%), quoted prices of Inter RAO (+1.17%), shares of Novabev (+1.13%), quoted prices of TMK (+0.82%).

The leaders of decline were shares of TGK-1 (-2.90%), quoted prices of En+ Group (-2.80%), shares of Qiwi (-1.76%), ordinary shares of Surgutneftegas (- 1.70%), securities of Sistema Holding (-1.61%), quoted prices of LSR (-1.57%).

According to the forecast by BCS World of Investments, on April 12, the MOEX index will be in the range of 3,350-3,450 points, the dollar-to-ruble rate will be in the range of 92-94 rubles. According to Freedom Finance Global's expectations, tomorrow the MOEX index may again move in the range of 3,400-3,500 points, the dollar-to-ruble rate may trade in the range of 92-94 rubles, the euro-to-ruble rate will fluctuate in the range of 98-100 rubles, the yuan-to-ruble rate will be in the range of 12.6-13 rubles.

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