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1 Apr, 17:19

Russian stock indices in the red as trading on Moscow Exchange closes

The leaders of decline were shares of Polyus (-3.85%), Segezha (-3.73%), Gazprom (-3.6%) and Severstal (-2.56%)

MOSCOW, April 1. /TASS/. The Russian stock indices were in the red at the end of the trading session on Tuesday. The MOEX Index fell by 1.62% to 2,964.43 points, the dollar-denominated RTS Index dropped by 0.9% to 1,100.33 points.

The yuan exchange rate fell by 21 kopecks to 11.46 rubles.

"The MOEX Index continued to decline today. Hopes for geopolitical improvements did not come true, uncertainty once again hangs over the market. In addition, more sanctions news has appeared - the EU announced that it has begun discussing the 17th package of anti-Russian sanctions," notes Alexander Shepelev, an expert on the stock market at BCS World of Investments.

The leaders of growth by the end of the session were shares of Novabev Group (+8.29%), Magnit (+5.43%), M.Video (+5.29%), Seligdar (+3.2%) and St. Petersburg Exchange (+1.79%).

The leaders of decline were shares of Polyus (-3.85%), Segezha (-3.73%), Gazprom (-3.6%) and Severstal (-2.56%).

The forecast of BCS World of Investments for the MOEX index for April 2 is 2,950-3,100 points, for the yuan and dollar exchange rates - 11.3-11.8 rubles and 84-88 rubles, respectively.

Freedom Finance Global expects the Moscow Exchange index to move in the range of 2,900-3,000 points on Wednesday, with benchmarks for the dollar, euro and yuan at 83-85 rubles, 90-92 rubles and 11.5-11.9 rubles, respectively.