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Russian stock market indices rising on Thursday — market data

The MOEX Russia Index had an uptick by 1.35%, the RTS Index edged up by 2.55%

MOSCOW, February 6. /TASS/. The Russian stock market ended the trading session on Thursday with growing indicators, according to Moscow Exchange data.

The MOEX Russia Index had an uptick by 1.35% to 2,970.12 points. The RTS Index edged up by 2.55% to 965.48 points. The yuan gained 25 kopecks over the day to 13.24 rubles.

"Data released by the Russian statistical service Rosstat yesterday evening showed that annual inflation growth stopped in Russia. Furthermore, the ruble sustained losses against the yuan after the strengthening wave. Oil prices are without significant changes, just as the geopolitical agenda," Alexander Shepelev from BCS Investment World said.

The external background was positive. "Confident growth was observed on Chinese exchanges; EuroStoxx 50 and German DAX added more than one percent; trading in the US started in the green. The DXY dollar index dropped below 108 points," the expert said.

BCS Investment World forecasts the MOEX Russia Index to be closed to 3,000 points on Friday.

The US will release labor market for January and the Fed report on the monetary policy tomorrow.