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Russian stock indices decline as trading on Moscow Exchange starts

The MOEX Index fell below 2,700 points for the first time since July 14, 2025, and is down more than 2.7%, according to trading data

MOSCOW, September 24. /TASS/. The Russian stock indices are declining at the start of the main trading session on the Moscow Exchange.

The MOEX Index fell below 2,700 points for the first time since July 14, 2025, and is down more than 2.7%, according to trading data. The yuan rate is rising at the start of trading.

As of 10:00 a.m. Moscow time, the MOEX and RTS indices were down 2.75%, to 2,682.75 and 1,013.94 points, respectively.

The yuan rate rose 8.3 kopecks to 11.787 rubles.

By 10:15 a.m. Moscow time, the MOEX and RTS indices had slowed their 2.56% decline to 2,688 and 1,015.92 points, respectively. Meanwhile, the yuan rate fell 4.6 kopecks to 11.75 rubles.

The Moscow Exchange Index with the additional symbol (IMOEX2) opened the morning trading session down 2.03% to 2,702.7 points, according to trading data as of 7:00 a.m. Moscow time.

On September 23, the MOEX Index fell 2% in the evening session to 2,695.28 points, falling below 2,700 points for the first time since July 14.

Moscow Exchange suspended dollar and euro trading effective June 13, 2024, due to US sanctions imposed on it and the National Clearing Center. The Bank of Russia uses bank statements and over-the-counter trading data to determine the dollar and euro exchange rates against the ruble.

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