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Russian stocks close in the red on Wednesday

BCS World of Investment expects the MOEX Index at 2,500-2,600 points on December 12

MOSCOW, December 11. /TASS/. Russia’s stock market closed in the red on Wednesday as the ruble-denominated MOEX Index lost 0.4% to 2,512.54 points, while the dollar-denominated RTS Index fell by 3.53% to 766.44 points. The yuan exchange rate against the ruble added 22 kopecks to 13.92 rubles during the day.

BCS World of Investment expects the MOEX Index at 2,500-2,600 points on December 12. The company’s outlook on the ruble is 13.7-14.2 rubles per yuan and 100-105 rubles per dollar.

Freedom Finance Global projects the MOEX Index at 2,500-2,600 points on Thursday, while the yuan is expected at the 14.3-15 rubles range. On the over-the-counter trading the dollar exchange rate is projected at the 106-108 rubles range, while the euro is expected at the 111-113 rubles range.