A noticeable rise in the Russian MICEX index on the first trading day after a pause of about a month

According to the data of the Moscow Stock Exchange, the MICEX index closed today’s trading at 2578.51 points, an increase of 4.37% over the previous closing price.

On the other hand, the RTS stock index of dollar-denominated shares recorded a decrease of 9%, and ended trading at 852.64 points.

Experts pointed out that the shares of companies exporting energy resources were the highest, stressing that this was expected, especially in light of the decline of the Russian ruble, which increased the attractiveness of the shares of Russian energy companies denominated in the Russian currency.

The Moscow Stock Exchange resumed stock trading on Thursday, after being suspended for more than a month as part of measures to ensure financial stability in Russia.

Today’s session was limited to trading 33 shares, and the session extended from 09:50 to 14:00 Moscow time.

In light of the pressures that the Russian economy is witnessing in the current period, the Russian Central has suspended stock trading on the Moscow Stock Exchange since last February 28, while foreign exchange trades are conducted normally.