Russian stock indices decline as main trading session opens on Moscow Exchange

MOSCOW, October 13. /TASS/. The Russian stock market opened lower on Tuesday during the main trading session, according to Moscow Exchange (MOEX) data. The Chinese yuan also weakened against the ruble.

At the opening of the main session, the benchmark MOEX and RTS indices both shed 0.13%, easing to 2,390.78 and 897.51 points, respectively, as of 09:00 a.m. Moscow time. The yuan-ruble exchange rate dipped by 0.6 kopecks from the previous close to trade at 12.5065 rubles.

By 09:15 a.m. Moscow time, the decline in the MOEX index pared losses to 2,393 points (-0.03%), while the RTS index stood at 898.34 points (-0.03%). Meanwhile, the yuan recovered slightly but remained down 0.2 kopecks at 12.51 rubles.

Earlier, at the start of the early morning session, the MOEX index had dropped by 0.52% to 2,381.49 points, according to trading data as of 07:00 Moscow time.