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18 Mar, 17:51

Russian stock indices moving up on Tuesday — market data

The ruble-denominated MOEX Russia Index gained 0.38% to 3,257.49 points

MOSCOW, March 18. /TASS/. Russian stock indices ended the trading session on Tuesday in the green, according to market data.

The ruble-denominated MOEX Russia Index gained 0.38% to 3,257.49 points. The dollar-denominated RTS Index surged by 3.83% to 1,259.09.

The yuan tumbled by ten kopecks to 11.24 rubles.

"The MOEX Russia Index predominantly showed modest growth on Tuesday. Hopes for the progress in the dialog between Russia and the United States, the rise in oil prices and new price records of gold caused domination of buyers. The rise was restrained by ruble strengthening; the national currency increased most notably against the dollar," Alexander Shepelev from BCS Investment World said in a comment.

Freedom Finance Global expects the MOEX Russia Index to be within 3,200-3,300 points on March 19. According to BCS Investment World, the MOEX Russia will be in the range of 3,175 - 3,325 points.