Russian Stock Market Update: Oil Prices, Ruble Strength, and Trading Volume Growth

Russian Stock Market Update: Oil Prices, Ruble Strength, and Trading Volume Growth

Main • The Russian market, after a positive opening, sank against the backdrop of falling oil prices and a strengthening ruble. Despite the fact that oil prices continued to decline, the Moscow Exchange index managed to rise in the second half of trading, closing at a new two-week high. • Following the initial weakening, the … Read more

Russian Stock Market Update: Ruble Strengthens, Oil Stocks Under Pressure

Russian Stock Market Update: Ruble Strengthens, Oil Stocks Under Pressure

Main • The Russian market held a sideways trading session. Oil stocks were put under pressure by falling oil prices, as well as the strengthening of the ruble. Against the backdrop of a strong national currency, the metallurgy and mining sector lagged behind. • The ruble rose in price throughout the session, updating local peaks. … Read more

Russian Market Opens with Upward Gap and Maintains High despite Oil Drawdown: Market Analysis and Stock Updates

Russian Market Opens with Upward Gap and Maintains High despite Oil Drawdown: Market Analysis and Stock Updates

Main • The Russian market opened with an upward gap and maintained upward dynamics throughout most of the session due to the currency factor. The Moscow Exchange index closed at a new monthly high in good plus, despite the oil drawdown. Trading volume increased noticeably. • The ruble recovered after a negative start, but failed … Read more