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EN
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 0.75% to 2,226.36 points, while the dollar-denominated RTS Index gained 1.25% to 882.61 points.
The yuan exchange rate against the ruble lost 1 kopeck to 11.73 rubles.
"After rebounding 20% from multi-year lows, the MOEX Index hit strong resistance just below the 2,300-point mark this week.
BCS World of Investment expects the MOEX Index to trade within the 2,155-2,275 point range during the first week of August.
According to analysts, the MOEX Index could continue its recovery toward the 2,312-point level, where the 50-day moving average lies.