MOSCOW, December 19. /TASS/. The Russian stock market was in the positive territory during Thursday trading on the Moscow Exchange, according to trading data. The dynamics was recorded amid President Vladimir Putin’s Q&A session combined with his annual press conference.
As of 12:00 p.m. Moscow time (9:00 a.m. GMT), before the Q&A session started, the MOEX and RTS indices were up by 1.42% at 2,443.67 points and 749.01 points, respectively. By 12:17 p.m. Moscow time (9:17 a.m. GMT), following the beginning of the event, the MOEX had extended gains to 2.02% trading at 2,458.03 points, while the RTS was up by 2.02% at 753.42 points.
As of the end of the Q&A session combined with the press conference (by 4:42 p.m. Moscow time, or 1:42 p.m. GMT), the MOEX and RTS indices were up by 0.85% at 2,429.85 points and 744.77 points, respectively. Meanwhile the yuan exchange rate against the ruble was down by 12.8 kopecks at 14.0235 rubles, though previously, as of 12:30 p.m. Moscow time (9:30 a.m. GMT), the Chinese currency was up by 5.6 kopecks at 14.207 rubles.
The dollar exchange rate on Forex was down by 1.02 rubles at 103.65 rubles while the euro exchange rate was down by 4.6 kopecks at 107.894 rubles, according to ICE (a composite index of several forex brokers) on Investing.com as of 4:42 p.m. Moscow time (1:42 p.m. GMT).
As Thursday trading opened on the Moscow Exchange the MOEX Index gained 0.8% to 2,428.56 points, the RTS Index added 0.8% to 744.38 points, while the yuan against the ruble added 3.85 kopecks as trading opened compared with previous closing to 14.19 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.