Russian stocks down as main trading session opens

MOSCOW, May 23. /TASS/. Russia’s stock market went down as the main trading session started on Friday as the MOEX Index fell by 0.59% to 2,775.8 points, while the RTS Index lost 0.59% to 1,096.67 points, according to trading data as of 10:00 a.m. Moscow time (07:00 a.m. GMT). The yuan exchange rate against the ruble lost 3.85 kopecks as trading opened on MOEX compared with previous closing to 11.014 rubles.

By 10:15 a.m. Moscow time (07:15 a.m. GMT), the MOEX had extended losses slightly to 0.85% as it traded at 2,768.33 points, while the RTS was down by 0.85% at 1,093.72 points. The yuan exchange rate was up by 3.65 kopecks at 11.089 rubles.

The MOEX Index (with additional IMOEX2 ticker) fell by 0.47% as morning trading session started reaching 2,778.9 points, according to trading data as of 7:00 a.m. Moscow time (4:00 a.m. GMT).

On June 13, 2024 the Moscow Exchange suspended trading in the dollar and euro after the US Treasury imposed sanctions against it and the National Clearing Center, part of the Moscow Exchange group. The regulator uses bank reports and information from over-the-counter trading to determine the dollar and euro exchange rates to the ruble.

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