Moscow Exchange index rises above 2,300 points for first time since Sept. 25
In short
The Moscow Exchange index climbed above 2,300 points in Monday trading on 5 October, the first time since 25 September, gaining about 1%. Interfax and RBC attributed the move to hopes of lower geopolitical risks and a continued negotiating track on a Ukraine settlement, with weaker oil acting as a restraint. The RTS index also rose about 1%, to around 868 points.
Why it matters
The index crossing a round-number level is a visible signal that Russian equity investors are pricing in less geopolitical risk, as Interfax and RBC describe it, even as weaker oil weighs on the market. The documents give no company or policy decisions behind the move, so the significance is limited to market sentiment and to how the Ukraine negotiating track is read by traders in Moscow.
Key facts
- The Moscow Exchange index rose above 2,300 points on 5 October, the first time it had exceeded that level since 25 September 2026. [ 1 , 2 , 3 , 4 , 5 ]
- Interfax put the index at 2,300.02 points, up 1%, and the RTS index at 867.75 points, up 1%, at 10:31 Moscow time. [ 2 ]
- Vedomosti reported the index at 2,301.39 points at 10:48, up 1.06%, and the RTS at 868.63 points. [ 3 ]
- Kommersant reported the index was up 1.14% at 2,303 points at 11:00. [ 4 ]
- Interfax said the rise came on hopes of lower geopolitical risks and a continued negotiating track on a Ukraine settlement, with weaker oil a restraining factor. [ 2 ]
- Interfax said the December Brent futures contract fell below $101.5 a barrel. [ 2 ]
- Kommersant listed Aeroflot (+2.53%), X5 (+2.41%) and LUKOIL (+2.39%) as leading gainers and Bank Saint Petersburg (-7.61%), Norilsk Nickel (-1.08%) and Moscow Credit Bank (-0.5%) as the biggest decliners. [ 4 ]
- Vedomosti put trading volume at 15.42 billion rubles, while Interfax reported 12 billion rubles in Moscow Exchange index shares at 10:31. [ 2 , 3 ]
Confirmed by several sources
- The Moscow Exchange index exceeded 2,300 points on 5 October for the first time since 25 September 2026. [ 1 , 2 , 3 , 4 , 5 ]
- The RTS index rose about 1% in morning trading, to roughly 868 points. [ 2 , 3 ]
- The Moscow Exchange index was up about 1% in the morning session, reaching levels above 2,300 points by 11:00. [ 2 , 3 , 4 ]
- Interfax and RBC reported that hopes of a reduction in geopolitical risks, including a continued negotiating track on a Ukraine settlement, were supporting the market. [ 2 , 5 ]
Still unclear
- Which specific geopolitical developments or negotiations are driving the market's expectations. Interfax refers to hopes of lower geopolitical risks and a continued negotiating track on a Ukraine settlement, and RBC to hopes of an improved geopolitical situation, but neither names an event, statement or meeting.
- The size of oil's restraining effect on the market. Only Interfax mentions weaker oil as a factor and quantifies it with the Brent December futures price falling below $101.5 a barrel; other documents do not discuss oil.
- The currency rates cited by Vedomosti. Vedomosti cites an official Bank of Russia dollar rate of 83.48 rubles 'for 3 September' in a report published on 5 October, without explaining the date.
What local media are saying
Timeline, local time
- The Moscow Exchange index stands at 2,300.02 points, up 1%, and the RTS at 867.75 points, up 1%, according to Interfax; TASS reports the index exceeding 2,300 points for the first time since 25 September. [ 1 , 2 ]
- Vedomosti reports the Moscow Exchange index at 2,301.39 points, up 1.06% since the opening of main trading, and the RTS at 868.63 points. [ 3 ]
- Kommersant reports the index up 1.14% at 2,303 points. [ 4 ]
- RBC reports the Moscow Exchange index has again risen above 2,300 points, citing hopes of an improved geopolitical situation. [ 5 ]