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MOEX index up 0.19%, RTS index up 1.21% as trading on Moscow Exchange closes

The yuan-to-ruble rate fell by 20.5 kopecks and amounted to 12.91 rubles

MOSCOW, February 11. /TASS/. Russian stock indices showed positive dynamics by the end of trading session on the Moscow Exchange on Tuesday.

The MOEX index rose by 0.19% to 3,018.02 points, the dollar-denominated RTS index rose by 1.21% to 992.4 points. The yuan-to-ruble rate fell by 20.5 kopecks and amounted to 12.91 rubles.

"The MOEX Index showed uneven dynamics today - at first, the benchmark rolled back towards 2,980 points, but closer to the evening, buyers brought it back it above 3,000 points," said Alexander Shepelev, an expert on the stock market at BCS World of Investments.

According to the expert, the negative factors were the strong ruble and Western media reports that US President Donald Trump's plan for a settlement in Ukraine is not ready yet.\

The growth leaders at the end of the session were securities of Rostelecom (+5.84%), Transneft (+4.3%), PIK Group (+3.77%), Magnit retailer (+3.54%) and En Plus Group (+3.53%).

"The growth leaders were the shares of En Plus Group, which can be attributed to expectations of improvements in the long-term financial results of RusHydro, of which the group is a minority shareholder," said Natalia Milchakova, leading analyst at Freedom Finance Global.

The decline leaders were securities of RusHydro (-5.23%), PhosAgro (-1.44%), Pharmsintez (-1.05%) and LSR Group (-1%).

"The leaders of the decline were RusHydro shares, most likely due to the government's proposals to the issuer to refuse to pay dividends until 2028," Milchakova said.

Forecast for Wednesday

Investors will continue to monitor the currency and commodity markets, as well as the news background related to geopolitics. The forecast for the MOEX index for February 12 is 2,925 - 3,025 points, according to BCS World of Investments. Experts also expect the yuan rate to be in the range of 12.8-13.3 rubles, the dollar-to-ruble rate to fluctuate between 95 and 99 rubles.

Freedom Finance Global expects that on February 12, the MOEX index will move in the range of 2,950 - 3,050 points, benchmarks for the dollar, euro and yuan exchange rates will be 94.5-96.5 rubles, 97.5-100 rubles and 13-13.4 rubles, respectively.