The Russian stock market and the yuan experienced declines at the start of trading on the Moscow Exchange. As of 10:00 Moscow time, both the MOEX and RTS indices were down, with the yuan also showing a downward trend.
The MOEX Russia Index closed down 0.85% at 2,420.56 points, and the RTS Index fell 0.96% to 1,038.31 points on the Moscow Exchange. Geopolitical factors and market conditions contributed to the negative sentiment, with analysts predicting the MOEX Index to remain between 2,400-2,500 points.
Russian stock market indices, including the MOEX Russia Index and RTS Index, saw declines by the close of business on the Moscow Exchange on June 10. The ruble weakened slightly against the yuan.
Bank of Russia bought 1.2 billion rubles worth of yuan on June 3 and 4, 2026, on the Moscow Exchange.
Igor Alutin of the Moscow Exchange stated that AI in financial markets must be explainable, controllable, and have safeguards, emphasizing human oversight. He compared AI's potential market transformation to high-frequency trading and stressed the 'human-in-the-loop' principle.
The yuan edged up 3.7 kopecks to 11.052 rubles
The yuan added four kopecks and reached 11.02 rubles
The MOEX Index fell 2.1% to 2,639.82 points, while the dollar-denominated RTS Index dropped 2.35% to 1,110.57 points
The MOEX Index fell 1.31% to 2,696.58 points, while the dollar-denominated RTS Index fell 1.16% to 1,137.27 points
MOEX Index rose 0.85% to 2,747.09 points in morning trading on the Moscow Exchange on Monday, later extending gains to 0.9% at 2,748.49 points. The Moscow Exchange resumed its morning trading session on the Equities and Derivatives markets on January 27, 2025.
The quote with IBIT ticker will be traded in US dollars per lot, with settlements processed in Russian rubles
