The Moscow Stock Exchange is at historic levels

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The Moscow Stock Exchange is at historic levels

Reuters

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The Moscow Stock Exchange closed trading on Wednesday at a historic high, after its MICEX index of ruble-denominated stocks rose to the level of 3643 points.

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Oil prices give up gains and turn down

The MICEX index ended trading yesterday, up by 1.85%, and the index recorded 3643.56 points, thus recording the highest level ever.

While the RTS index of dollar-denominated stocks rose 2.2% to 1535.67 points, according to the Moscow Stock Exchange data.

The rise of the Russian stock exchange was supported by investor optimism about the economic recovery from the repercussions of the new Corona crisis, and the rise in oil prices yesterday in global markets.

It is noteworthy that the global “Brent” barrel rose during trading yesterday to about $ 70 a barrel, its highest level since last March, but black gold prices returned to decline in evening trading on Wednesday despite the release of positive data on US crude stocks.

Source: RT





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