The Moscow Exchange Index up 1%, the RTS Index up 0.2%

The Moscow Exchange Index up 1%, the RTS Index up 0.2%

The Moscow Exchange Index up 1%, the RTS Index up 0.2%

The Russian stock market, which opened with solid growth, ended Wednesday positively.

European stock markets have shown significant gains since the start of trading.

Most of the APR stock indices ended the day in the green zone.

Futures on US indices changed in different directions in the morning, then increased. American stock indicators showed a contradictory mood at the beginning of the trading session, later declining.

Oil prices in the morning were minus, then they increased on the data of the Eurozone PMI and the expectations of the US Department of Energy report. In the evening, oil rose in price on data on the decline in US inventories. Before the close of the Russian stock market, Brent was given slightly above $ 42 per barrel, and $ 40.1 for WTI.

In the morning, the Russian stock market grew along with Europe and futures in the US, leading in the rise of Yandex (MCX: YNDX) shares on the news of the purchase of TCS Group, as well as securities of AFK Sistema and GDR Group; the Moscow Exchange index was approaching the 2960 points mark, having won back almost all the losses of the beginning of the week.

During the day, the stock market rallied led by Yandex securities that renewed the maximums; the Moscow Exchange index climbed to 2970 points, after which it rolled back below 2950 points as part of a local correction.

By the evening, the stock market continued its upward movement against the backdrop of the rise in the stock markets of Europe and America, as well as the rebound of oil upward; After a local daily correction, the Moscow Exchange index returned to the morning highs, while Yandex shares were still the locomotive of growth on the news about plans to buy the TCS Group by the Internet company.

The Moscow Exchange index by 18:50 Moscow time increased by 1.1% – up to 2916.39 points.

The RTS index by 18:50 Moscow time increased by 0.23% and amounted to 1195.77 points.

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