Russian stock market indexes end lower following Friday's trading
The MOEX Index fell by 1.48% to 2,624.83 points, while the dollar-denominated RTS Index dropped by 2.06% to 1,161.2 points
MOSCOW, May 22. /TASS/. The MOEX Index fell by 1.48% to 2,624.83 points at the close of main trading on Friday, while the dollar-denominated RTS Index dropped by 2.06% to 1,161.2 points. The yuan rose by 9 kopecks to 10.53 rubles.
"The MOEX Index showed mixed dynamics today, though selling pressure prevailed. Oil stayed in the black but generally retreated from local peaks below $110 over the week. The price slump continued in precious metals, platinum, and palladium. Foreign exchange rates rebounded, but too weakly to shift stock sentiment," noted Andrey Smirnov, a stock market expert at BCS World of Investments.
"MTS shares (+1.3%) gained following the release of strong Q1 2026 IFRS results and the board's final dividend recommendation for 2025," said Natalia Milchakova, lead analyst at Freedom Finance Global. According to her, the top decliners included Tatneft ordinary shares (-1.9%), which dipped on no specific news, likely driven by expectations of a Middle East de-escalation that could lower oil prices.
BCS World of Investments forecasts the MOEX Index for Monday at 2,600-2,700 points, with the dollar at 72 rubles and the yuan at 10.8 rubles. Freedom Finance Global expects the MOEX Index to trade within the 2,600-2,700 range on Monday, with forecasts for the dollar, euro, and yuan at 70-72 rubles, 82-84 rubles, and 10.3-10.7 rubles, respectively.