Russian stocks down as Monday trading opens

Business & Economy November 18, 11:17

The MOEX was down by 1.3% at 2,703.64 points, while the RTS was down by 1.3% at 851.73 points

MOSCOW, November 18. /TASS/. Russia’s stock market went down as Monday trading opened on Moscow Exchange as the MOEX Index lost 1.31% to 2,703.31 points, while the RTS Index fell by 1.31% to 851.62 points, according to trading data as of 10:00 a.m. Moscow time (07:00 a.m. GMT). The yuan exchange rate against the ruble added 13.95 kopecks compared with previous closing as trading opened to 13.829 rubles.

As of 10:15 a.m. Moscow time (07:15 a.m. GMT) the MOEX was down by 1.3% at 2,703.64 points, the RTS was down by 1.3% at 851.73 points, while the yuan was up by 9.95 kopecks at 13.789 rubles.

On June 13, the Moscow Exchange suspended trading in the dollar and euro after the US Treasury imposed sanctions against it and the National Clearing Center, part of the Moscow Exchange group. The regulator uses bank reports and information from over-the-counter trading to determine the dollar and euro exchange rates to the ruble.

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