Russian stock indices mixed on Wednesday — market data
The ruble-denominated MOEX Russia Index gained 0.26% to 2,763.99 points
MOSCOW, November 13. /TASS/. Russian stock indices ended the trading session on Wednesday with the mixed trend, according to market data.
The ruble-denominated MOEX Russia Index gained 0.26% to 2,763.99 points. The dollar-denominated RTS Index lost 0.16% to 885.18 points. The yuan edged up by 0.74% to 13.6 rubles.
"The MOEX Russia opened on Wednesday with a small drop and then moved mixed, having a good upside from time to time, despite the drop in commodities prices. The ruble dip might support buying. Besides, geopolitical optimism is still present in the overall sentiment," Alexander Shepelev from BCS Investment World commented.
Consumer prices in the US have the growth rate escalated to 2.6% year on year.
The moves on the Russian stock market tomorrow may take into account data on weekly and monthly consumer inflation released today, BCS Investment World says. The forecast for the MOEX Russia Index for tomorrow is 2,700 - 2,800 points, according to BCS Investment World and Freedom Finance Global.
The IEA will present its monthly report tomorrow. The Eurostat will report the preliminary estimate of the Euro area GDP for Q3 2024. TCS Holding shareholders will discuss dividends at the meeting.