bigdog
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Russia Stock Market Index MOEX CFD - Quote - Chart - Historical Data - News
The main stock market index in Russia (MOEX) increased 181 points or 5.84% since the beginning of 2024, according to trading on a contract for difference (CFD) that tracks this benchmark index from Russia. Russia Stock Market Index MOEX CFD - values, historical data, forecasts and news - updated...
tradingeconomics.com
The ruble-based MOEX Russia index edged up to 3,478 on Monday, picking up the morning pace thanks to earnings and dividends announcements.
The largest wins came from Rosseti (3.7%), Surgut (2.6%), Ozon (2.3%), NLMK (2.3%), and Severstal (2%).
Surgut rose after increasing its net profit by 4 times in the Q1 of 2024 compared to the same period of 2023, while Lukoil added 1.7% having approved dividends in the amount of 498 rubles per share for 2023.
Also, Moex and Sovcomflot advanced by 1.1% each, with the former benefiting from a hawkish tone of CBR officials and the latter being boosted by the resumption of oil deliveries to India.
On the other hand, Mechel (-2.8%), MosEnergo (-1.3%), VK (-1%), and Nornickel (-0.9%) declined.
Coal miners Mechel and Raspadskays showed opposite dynamics despite the decision of the country's government to lift of export duties on thermal coal and anthracite for the period from May 1 to August 31, 2024.