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Russian stock market closed in the red on Tuesday — market data

The MOEX Russia Index lost 1.95% to 2,522.75 points, while the RTS Index edged down by 2.59% to 794.46 points

MOSCOW, December 10. /TASS/. The Russian stock market ended the trading session on Tuesday with declining indices, according to Moscow Exchange data.

The MOEX Russia Index lost 1.95% to 2,522.75 points. The RTS Index edged down by 2.59% to 794.46 points. The yuan dropped by 0.16% to 13.7 rubles.

The buyers are being restrained in particular by the forthcoming key rate meeting of the Central Bank, which can be lifted to 23%, Alexander Shepelev from BCS Investment World said. China’s trade balance data for November turned out to be unexpected: exports grew by 6.7% year on year (below the forecast of 8.5%); imports dropped by 3.9% annually, although incremental growth by 0.3% was expected.

BCS Investment World expects the MOEX Russia Index may be within the range of 2,500-2,600 points.

The release of the US consumer price index for November will be important for the sentiment in general. "This is an important landmark for the Fed policy," Shepelev noted.

OPEC will present its monthly report tomorrow. Investors would wait for statistical reports on weekly and monthly price dynamics. Aeroflot will release operating results for November. PhosAgro shareholders will discuss dividends for nine months of 2024.