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MOEX, RTS indices fall by 0.33-1.62% on Friday

The yuan exchange rate rose by 0.37% over the day to 13.45 rubles

MOSCOW, December 27. /TASS/. The MOEX index made a moderate downward correction today, despite the fact that the ruble began to weaken and oil prices rose. By the end of the trading session on Friday the MOEX index fell by 0.33% to 2,757.45 points ad the dollar RTS index - by 1.62% to 864.09 points.

The yuan exchange rate rose by 0.37% over the day to 13.45 rubles.

"On the one hand, the markets were affected by the approaching January holidays, and some investors who do not plan to trade or, generally monitor the market on individual trading days between weekends, get part of their profits or postpone purchases until the period after the holidays, fearing the realization of any negative in the first days of the year. On the other hand, a technical correction has ripened after a strong wave of weekly growth," stock market expert at BCS World of Investments Alexander Shepelev said.

Activity on the world markets is low in these days before the New Year. "According to the statistics released today, the US trade deficit in goods in November amounted to $102.9 bln, which is 4.7% more than in October," the expert added.