04.12.2023, 13:07
The Moscow Stock Exchange index fell to a minimum in two months
Source: OREANDA-NEWS
OREANDA-NEWS During trading on Monday, December 4, the Moscow Stock Exchange index, which includes the largest Russian enterprises represented on the site, fell below 3,100 points to 3,096.28 points. This is evidenced by the auction data.
The last time he was at such levels was on September 28. As of 12:40 p.m., the index has adjusted to 3120 points. Its decline has been continuing since November 22, since then it has lost more than a hundred points. The RTS dollar index reached 1078.99 points at the beginning of the trading day (minus one and a half percent), but has now adjusted to 1085 points.
At the same time, the ruble continues to weaken against the US currency. In the first half of the day, the dollar consolidated at a level above 90.5 rubles, at a maximum it reached 90.77 rubles.
The Russian currency demonstrates such dynamics against the background of a significant drop in oil prices in recent days. The cost of reference grades continues to decline after the OPEC+ meeting, the results of which, according to traders, showed a split in the association. A barrel of Brent has fallen by seven percent since November 30, dropping below $ 78.
The last time he was at such levels was on September 28. As of 12:40 p.m., the index has adjusted to 3120 points. Its decline has been continuing since November 22, since then it has lost more than a hundred points. The RTS dollar index reached 1078.99 points at the beginning of the trading day (minus one and a half percent), but has now adjusted to 1085 points.
At the same time, the ruble continues to weaken against the US currency. In the first half of the day, the dollar consolidated at a level above 90.5 rubles, at a maximum it reached 90.77 rubles.
The Russian currency demonstrates such dynamics against the background of a significant drop in oil prices in recent days. The cost of reference grades continues to decline after the OPEC+ meeting, the results of which, according to traders, showed a split in the association. A barrel of Brent has fallen by seven percent since November 30, dropping below $ 78.
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