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Russian stock market declines 0.76% at start of trading session on June 29

On June 29, Russian stock market started off on a down note, with MOEX index dipping to 2,268.34 points by 10:00 a.m. As trading progressed, the index slipped further to 2,255.35 points by 10:45 a.m., marking a 1.32% drop.

BRIC Team
BRIC Team
Jun 29, 2026 · 1 min read · 6 views
Russian stock market declines 0.76% at start of trading session on June 29

Key Takeaways

  • •By 10:00 a.m. Moscow time on June 29, the MOEX index had dropped 0.76% to 2,268.34 points.
  • •At 10:45 a.m., the MOEX index further declined to 2,255.35 points, marking a 1.32% drop.
  • •The yuan's exchange rate against the ruble rose by 7.85 kopecks to reach 11.5675 rubles before adjusting later.
  • •Earlier at 7:00 a.m., the Moscow Exchange Index briefly rose 0.57% to 2,298.69 points before declining.

Russian stock market took a hit June 29 as trading kicked off . Both MOEX and RTS indices sank . By 10:00 a.m. Moscow time,MOEX index down 0.76%, landing at 2,268.34 points. RTS index also dropped, hitting 927.29 points with same percentage fall.

Situation got worse as morning went on . By 10:45 a.m.,MOEX index slid to 2,255.35 points,a 1.32% decrease . RTS followed suit,falling to 921.98 points,down 1.32% too . Meanwhile,yuan gained slightly against ruble,up 7.85 kopecks to 11.5675 rubles.

Yuan's rise didn't last — exchange rate eased to 11.515 rubles,up just 2.6 kopecks. Earlier,at 7:00 a.m., Moscow Exchange Index (IMOEX2) briefly rose 0.57%, reaching 2,298.69 points . Market's ups and downs paint a wary picture for the day…

#Business & Economy

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