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[URL unfurl="true"]https://tradingeconomics.com/russia/stock-market[/URL]

The MOEX Russia edged down to 3,045 on Monday, as bearish tone prevailed on the market in the absence of any growth drivers and following the week of central banks meetings and the publication of Russian economic forecasts for 2024-2025.

Additionally, concerns about China's property sector weighed on the sentiment, with S&P cutting their projection for the country's yearly GDP growth.

The metals & mining sector dragged the index, while electric utilities and oil & gas provided support thanks to the news about planned raise in gas tariffs.

Among single stocks, NLMK (-2.6%), Ozon Holdings (-1.6%), Aeroflot (-1.4%), and Alrosa (-1.2%) headed the losses.

On the other hand, Polymetal, RusGidro, and Rosneft rose by 5.5%, 3.2%, and 1.5%, respectively, with the former reporting a 28% increase in net profit for the first half of 2023.

[ATTACH=full]162982[/ATTACH]

<blockquote data-quote="bigdog" data-source="post: 1244947" data-attributes="member: 4374">[URL unfurl=&quot;true&quot;]https://tradingeconomics.com/russia/stock-market[/URL]The MOEX Russia edged down to 3,045 on Monday, as bearish tone prevailed on the market in the absence of any growth drivers and following the week of central banks meetings and the publication of Russian economic forecasts for 2024-2025.Additionally, concerns about China&#039;s property sector weighed on the sentiment, with S&amp;P cutting their projection for the country&#039;s yearly GDP growth.The metals &amp; mining sector dragged the index, while electric utilities and oil &amp; gas provided support thanks to the news about planned raise in gas tariffs.Among single stocks, NLMK (-2.6%), Ozon Holdings (-1.6%), Aeroflot (-1.4%), and Alrosa (-1.2%) headed the losses.On the other hand, Polymetal, RusGidro, and Rosneft rose by 5.5%, 3.2%, and 1.5%, respectively, with the former reporting a 28% increase in net profit for the first half of 2023.[ATTACH=full]162982[/ATTACH]</blockquote>

[QUOTE="bigdog, post: 1244947, member: 4374"] [URL unfurl="true"]https://tradingeconomics.com/russia/stock-market[/URL] The MOEX Russia edged down to 3,045 on Monday, as bearish tone prevailed on the market in the absence of any growth drivers and following the week of central banks meetings and the publication of Russian economic forecasts for 2024-2025. Additionally, concerns about China's property sector weighed on the sentiment, with S&P cutting their projection for the country's yearly GDP growth. The metals & mining sector dragged the index, while electric utilities and oil & gas provided support thanks to the news about planned raise in gas tariffs. Among single stocks, NLMK (-2.6%), Ozon Holdings (-1.6%), Aeroflot (-1.4%), and Alrosa (-1.2%) headed the losses. On the other hand, Polymetal, RusGidro, and Rosneft rose by 5.5%, 3.2%, and 1.5%, respectively, with the former reporting a 28% increase in net profit for the first half of 2023. [ATTACH type="full"]162982[/ATTACH] [/QUOTE]

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