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7 Apr, 08:18

Russian stocks down as main trading session opens

As of 10:30 a.m. Moscow time, the MOEX and RTS indices were down by 3.67%

MOSCOW, April 7. /TASS/. Russia’s stock market went down as the main trading session started on Monday as the MOEX Index fell by 4.72% to 2,650.55 points, while the RTS Index lost 4.72% to 990.75 points, according to trading data as of 10:00 a.m. Moscow time (07:00 a.m. GMT). The yuan exchange rate against the ruble gained 12.4 kopecks as trading opened compared with previous closing to 11.843 rubles.

As of 10:30 a.m. Moscow time (07:30 a.m. GMT) the MOEX was down by 3.67% at 2,679.74 points, while the RTS was down by 3.67% at 1,001.67 points. The yuan exchange rate was up by 3.6 kopecks at 11.773 rubles.

The MOEX Index (with additional IMOEX2 ticker) fell by 1.97% as morning trading session started reaching 2,727.23 points, according to trading data as of 7:00 a.m. Moscow time (4:00 a.m. GMT).

On June 13, 2024 the Moscow Exchange suspended trading in the dollar and euro after the US Treasury imposed sanctions against it and the National Clearing Center, part of the Moscow Exchange group. The regulator uses bank reports and information from over-the-counter trading to determine the dollar and euro exchange rates to the ruble.