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Russian stocks close in the green on Friday
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TASS
Russia’s stock market closed in the green on Friday as the ruble-denominated MOEX Index added 0.96% to 2,165.54 points, while the dollar-denominated RTS Index gained 1.44% to 874.26 points.
"The MOEX Index ended the week on a high note, edging closer to the 2,200-point mark.
Consensus expectations had been virtually unanimous in anticipating a pause in monetary policy adjustments," said Andrey Smirnov, stock market analyst at BCS World of Investment.
BCS World of Investment forecasts the MOEX Index to range between 2,100 and 2,200 points for the beginning of next week.
After breaking through resistance, the MOEX Index may enter a consolidation phase near the levels reached, according to analysts.