The Moscow Stock Exchange indices rose today, Thursday, as well as the ruble exchange rate against the dollar and the euro, which coincided with the rise in oil prices on global markets.

By 11:30 Moscow time, the stock exchange index of ruble-denominated stocks MICEX rose 0.70% to 3,293.10 points, while the RTS stock exchange index rose 1.68% to 1,423.5 points.

In the currency market, the dollar’s ​​exchange rate decreased by 45 kopecks (one ruble = 100 kopeks) to 72.89 rubles, while the euro’s exchange rate declined by 22 kopecks to 89.16 rubles.

The rise of the Moscow Stock Exchange coincided with the rise in European shares, which remained today, Thursday, at the highest level in ten months.

The German "DAX" index rose 1.1% to reach its highest level since last February, while the "STOXX 600" index of European stocks rose 0.6%, to continue to achieve gains for the fourth session in a row. While the British "Financial Times 100" index increased 0.4%.

Source: Agencies

By:Nadeemy Haded