Monday, December 30, is the last day of trading on the Stock Exchange of the outgoing year 2024 and marked a slight increase for the Russian stock market against the background of rising oil prices.
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The indices of the Moscow Stock Exchange and RTS increased by about one percent (fluctuations in the range of 0.81% – 1.33%), writes TASS. The prices of securities of the PIK group (+5.5%), the Positive group (+3.6%), Transneft (+3.5%) and the Samolet group (+3.1%) also increased, notes Interfax.
Shares of VK, Unipro, MMK, AFK Sistema, UC Rusal, Aeroflot, Severstal and Magnit grew, but did not reach a slight increase of 3%. Shares of Gazprom, VTB and MTS gained less than 2%. Less than 1%: Norilsk Nickel, Sberbank, Gazprom Neft, Tatneft, etc.
There is little trading activity in the oil market, so prices are falling slightly. The exchange rate of the US dollar on the international Forex currency market jumped to almost 112 rubles. Also in the foreign exchange market, the yuan weakens against the ruble against the background of the fall of the Nikkei index on the last trading day (almost 1%).
Furthermore, throughout the year this index increased by 19%, up to 39,894.54 points. This is an all-time high for the Tokyo Stock Exchange. And that’s not to say it hasn’t had its share of shocks in 2024, with growth despite a whopping 12.4% drop in August.
Author:
Ekaterina Alipova
Source: RB
I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.
