Russian stock market rallies amid talks between Putin and Biden

The Moscow Exchange Index rose 1.66 percent after the start of negotiations between Putin and Biden December 7. At the close of the main trading session on the Moscow Stock Exchange, the Moscow Exchange index rose to 3873.2 points (plus 1.66 percent), the RTS index – up to 1647.14 points (plus 1.55 percent).

Among the blue chips “Mosbirzh most of all rose in price securities” Magnit “(plus 3.27 percent, up to 5835 rubles per share), Novatek (plus 2.74 percent, up to 1707.8 rubles) and Rosneft (plus 2.36 percent , up to 589.15 rubles). TCS Group (minus 2.13 percent, to 6,536.8 rubles), MTS (minus 1.07 rubles, to 290.7 rubles) and Polymetal (minus 0.83 percent, to 1,300.5 rubles) went into negative territory .



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