MOSCOW, November 21. /TASS/. The Russian stock market ended the trading session on Thursday with the downward trend, according to Moscow Exchange data.
The MOEX Russia Index lost 1.09% to 2,568.8 points. The RTS Index dropped by 1.54% to 803.7 points. The yuan ticked up by thirteen kopecks to 13.95 rubles.
"The geopolitical strain was complemented by inflation data of the Russian statistical agency Rosstat released yesterday evening, which showed the accelerated price growth for the second week in a row. This increases the probability of key rate lifting at the December meeting of the Central Bank. The decline of stocks was restrained by ruble weakness and the rise in oil and other commodities prices," Alexander Shepelev from BCS Investment World says.
The mood in international markets was mainly neutral. The activity of buyers may be low on Friday.
BCS Investment World believes that the MOEX Russia Index will be within 2,550 - 2,650 points tomorrow. Freedom Finance Global forecasts the Index range of 2,500-2,600 points.