Contested
Russian stock indices rise; MOEX up 1.43% at midday
In short
Russian stock indices rose on 5 October, with the Moscow Exchange index up 1.43% from the previous close to 2,309.86 as of 12:00 Moscow time, according to Vedomosti. The RTS index rose 1.43% to 871.61 and exchange trading volume totalled 37.01 billion roubles. TASS reported later that the market closed with the main indices higher and that the yuan rose 25.7 kopecks.
Why it matters
The figures give a same-day reading on Russian equity demand and on whether the Moscow Exchange index can hold above a level it failed to keep in September, as Vedomosti noted. TASS's separate mention of the yuan rate points to currency movement alongside equities. The documents give no basis for broader significance beyond the session's move.
Key facts
- The Moscow Exchange index rose 1.43% from the previous close to 2,309.86 as of 12:00 Moscow time on 5 October, Vedomosti reported. [ 1 ]
- The RTS index rose 1.43% to 871.61 over the same period, according to Vedomosti. [ 1 ]
- Total trading volume on the Moscow Exchange was 37.01 billion roubles, Vedomosti reported. [ 1 ]
- Vedomosti reported the Moscow Exchange index was trying to consolidate above its 100-day moving average, a level it failed to hold on three occasions in September. [ 1 ]
- TASS reported the Russian stock market closed with the main indices higher. [ 2 ]
- TASS reported the yuan rate rose by 25.7 kopecks. [ 2 ]
Still unclear
- The index levels at the close of trading. TASS said the main indices closed higher but gave no levels, while Vedomosti's figures are as of 12:00 Moscow time.
- Which stocks led gains and losses. Vedomosti's text refers to leaders and laggards but the lists are not present in the document.
- The yuan rate level, beyond a rise of 25.7 kopecks. TASS reported only the change, not the rate.
What local media are saying
Business mediaVedomosti reported intraday index levels with the exact change, the 100-day moving average that the index is attempting to hold, and total trading volume.
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Official sourcesTASS reported the closing outcome in a single line, saying the main indices ended higher and noting the yuan's move.
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Timeline, local time
- The Moscow Exchange index stood at 2,309.86, up 1.43%, and the RTS index at 871.61, also up 1.43%, with trading volume at 37.01 billion roubles, according to Vedomosti. [ 1 ]
- TASS reported that the Russian stock market closed with the main indices higher and that the yuan had risen 25.7 kopecks. [ 2 ]