EconomyRussian stock market closes higher
Russia’s stock market ended Wednesday higher, according to Moscow Exchange data. The MOEX Russia Index rose 0.11% to 2,421.45, while the RTS added 0.01% to 908.65. The yuan fell 11.8 kopecks to 12.446 rubles. BCS Investment World’s Andrey Smirnov said buyers remained dominant and high oil prices supported risk appetite, while the ruble held firm and most metals fell as the dollar strengthened. Freedom Finance Global forecast the MOEX would trade between 2,350 and 2,450 points the following day.
Russian stock market closes higher