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Russian stocks close in the green on Wednesday
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TASS
Russia’s stock market closed in the green on Wednesday as the ruble-denominated MOEX Index gained 2.16% to 2,238.52 points, while the dollar-denominated RTS Index added 1.31% to 888.62 points.
Geopolitical hopes remain intact," said Andrey Smirnov, stock market analyst at BCS World of Investment.
Freedom Global projects that the MOEX Index could trade within the 2,150-2,250 point range on Thursday.
Forecasts for the dollar, euro, and yuan exchange rates are 79-81 rubles, 90-92 rubles, and 11.4-11.9 rubles, respectively.
Tsifra Broker noted that, overall, positive market momentum persists, supporting a continued recovery of the MOEX Index toward the 2,320-point level.