MOSCOW, October 27. /TASS/. Russia’s stock market closed in the green on Tuesday as the ruble-denominated MOEX Index added 0.76% to 2,510.38 points, while the dollar-denominated RTS Index gained 0.71% to 982.02 points. The yuan exchange rate against the ruble lost 0.45 kopecks to 12.081 rubles.
The primary objective for the MOEX Index remains consolidating above the 2,500-point mark, although some investors may be tempted to lock in quick profits, BCS World of Investment noted. In the short term, exchange rates are expected to consolidate within the ranges of 80-82 rubles per dollar and 12-12.25 rubles per yuan.
Freedom Global expects the MOEX Index to trade within the 2,450-2,550 point range on Wednesday. The forecasts for the dollar, euro, and yuan exchange rates are 80-82 rubles, 89-91 rubles, and 12-12.4 rubles, respectively.