MOSCOW, November 20. /TASS/. Russia’s stock market went up as Wednesday trading opened on Moscow Exchange as the MOEX Index gained 0.36% to 2,640.09 points, while the RTS Index added 0.36% to 831.4 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 14% compared with previous closing as trading opened to 13.86 rubles.

As of 10:05 a.m. Moscow time (07:05 a.m. GMT) the MOEX was up by 0.66% at 2,647.84 points, the RTS was up by 0.66% at 833.84 points, while the yuan was up by 0.12% at 13.85 rubles.

At the beginning of the trading day, Russia’s stock market may gain support from the lack of news on geopolitical escalation and try to bounce up, Veles Capital Investment Company’s Elena Kozhukhova said. "However, downward risks still dominate amid the current geopolitical and monetary conditions, with annual lows on both indicators to be possibly hit within days," she added.

In the middle of the week, investors in Russia will largely monitor geopolitical signals, and they will also be able to assess dividend news from Astra and Eurotrans, as well as the producer price index for October after the closing of the main trading.

On the previous day, MOEX and RTS indices lost 3.3% and 3.4%, respectively, remaining under the pressure of geopolitical and monetary risks.