Russian stock market closed with growing indices

Business & Economy October 14, 20:59

The ruble-denominated MOEX Russia Index gained 0.11% to 2,421.45 points

MOSCOW, October 14. /TASS/. The Russian stock market closed in the green on Wednesday, according to Moscow Exchange data.

The MOEX Russia Index gained 0.11% to 2,421.45 points. The RTS Index edged up by 0.01% to 908.65 points. The yuan moved downward by 11.8 kopecks to 12.446 rubles.

"Buyers continued dominating the stock market on Wednesday. The MOEX Russia Index approached 2,450 at its peak. High oil prices supported the risk appetite. At the same time, the ruble showed confidence and almost all the metals were in the red amid dollar appreciation against other currencies after the release of inflation statistics in the United States," Andrey Smirnov from BCS Investment World commented.

According to Freedom Finance Global, the MOEX Russia Index will move within the range of 2,350 - 2,450 points tomorrow.

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