Russian Stock Market Closes Higher

Russia's MOEX Ruble Index Rises 0.11% to 2,421.45 Points

Moscow, October 14. /TASS/. The Russian stock market closed in the green on Wednesday, according to data from the Moscow Stock Exchange.

MOEX index of Russia increased by 0.11% to 2421.45 points. The RTS index increased by 0.01% and reached 908.65 units. The yuan fell by 11.8 kopecks to 12.446 rubles.

"Buyers continued to dominate the stock market on Wednesday. Russia's MOEX index neared its peak of 2,450. High oil prices supported risk-taking. At the same time, the ruble showed confidence and almost all metals turned red amid the dollar's gains against other currencies following the release of US inflation data and SCS investment in the US."

According to Freedom Finance Global, the Russian MOEX index will move in the range of 2350 to 2450 tomorrow.