Russian stocks up as main trading session opens
The yuan exchange rate was down by 2.4 kopecks at 11.154 rubles
MOSCOW, May 19. /TASS/. Russia’s stock market went up as the main trading session started on Monday as the MOEX Index added 1.44% to 2,881.31 points, while the RTS Index gained 1.44% to 1,123.74 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 lost 5.25 kopecks as trading opened on MOEX compared with previous closing to 11.126 rubles.
By 10:15 a.m. Moscow time (07:15 a.m. GMT), the MOEX had extended gains to 1.5% as it traded at 2,882.94 points, while the RTS was up by 1.5% at 1,124.43 points. The yuan exchange rate was down by 2.4 kopecks at 11.154 rubles.
The MOEX Index (with additional IMOEX2 ticker) rose by 2.28% as morning trading session started reaching 2,905 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.