The Moscow Exchange fell 0.6%, the RTS index – 1%

The Moscow Exchange fell 0.6%, the RTS index – 1%

The Moscow Exchange fell 0.6%, the RTS index - 1%

The Russian stock market in the late afternoon of Tuesday completed the main trading with a decline in the Moscow Exchange and RTS indices against the backdrop of oppositely polarized dynamics in the global capital markets.

Stock indices of the countries of the Asia-Pacific region changed in different directions on Tuesday. Japan's Nikkei 225 is up 0.12%. China's Shanghai Composite Index climbed 0.21%, while Hong Kong's Hang Seng Index fell 0.85%. The South Korean Kospi Index is up 0.86%. The Australian S & P / ASX 200 is unchanged.

European stock indexes by Tuesday evening reduced their losses to 0.2-0.4%.

At the same time, the American stock market opened with a decline in the main indicators by only 0.1-0.2%. Investors await the first of three televised debates between US President Donald Trump and his upcoming presidential rival Joe Biden. Investors' attention will be focused on Trump's announcements of new stimulus measures. In addition, they will assess Biden's readiness to lead the country if he wins the November elections.

In turn, oil prices fell in trading on Tuesday on fears that the renewed increase in the incidence of COVID-19 in the world will slow down the recovery of the global economy and limit the demand for oil.

The Moscow Exchange index fell by 0.58% – to 2910.12 points.

The RTS index lost 0.96% and amounted to 1155.67 points.

LUKOIL (MCX: LKOH), Aeroflot (MCX: AFLT), Sberbank (MCX: SBER), Tatneft (MCX: TATN), Gazprom Neft (MCX: SIBN) became the leaders of the decline among blue chips.

Leave a Reply

Your email address will not be published. Required fields are marked *