Russian stocks opened strong Thursday . The MOEX Index jumped 0.68%, hitting 2,258.78 points,while RTS Index rose 0.8% to 2,261.44 points at opening bell,per trading data at 10:00 a.m. Moscow time (07:00 a.m. GMT).
By 10:15 a.m. Moscow time (07:15 a.m. GMT), gains kept coming. MOEX Index climbed to 2,274.06 points, up 1.36%. RTS Index also edged higher,reaching 958.05 points. At same time,yuan strengthened against ruble,up 4 kopecks to 11.01 rubles as trading kicked off.
As session continued,yuan appreciated more,up 2.4 kopecks to 10.994 rubles . This currency move matched upbeat mood in Russian stock market,signaling a strong start to day . But will it hold?…






