Lead
On various trading days in July, the Russian stock market has opened with both gains and losses, according to data from the Moscow Exchange reported by TASS. The MOEX and RTS indices have moved in tandem, while the yuan-ruble exchange rate has shown volatility, including crossing the 11.5 rubles level in both directions.
Coverage Comparison
TASS reported the market's opening performance on eleven different dates, each time citing Moscow Exchange data. The reports covered sessions from July 9 through July 24, and on each date the market either rose or fell at the start of the main trading session. The direction of the yuan's movement varied independently of the stock market's direction.
For instance, on July 13 and July 14, the market opened higher while the yuan declined, as per TASS. Conversely, on July 10, the market fell while the yuan rose. On some days, such as July 17, the yuan initially declined but then turned higher, while the stock market rose.
The magnitude of the moves also varied significantly. On July 21, the MOEX and RTS indices climbed 4.02% at the opening bell, the largest gain reported. In contrast, on July 16, the indices fell by 1.93%, the largest decline mentioned. Other sessions saw more modest changes, such as a 0.09% rise on July 17 or a 0.13% decline on July 23.
Key Claims
- On July 9, the MOEX and RTS indices fell by 0.81% at the open to 2,202.73 and 908.22 points, respectively, while the yuan weakened.
- On July 10, the indices fell by 0.54% to 2,174.85 and 901.22 points, with the yuan rising.
- On July 13, the indices rose by 0.15% to 2,148.8 and 882.96 points, and the yuan fell.
- On July 14, the indices rose by 0.8% to 2,181.84 and 897.04 points, and the yuan declined.
- On July 15, the indices fell by 1.35% to 2,141.52 and 870.58 points, and the yuan rose above 11.5 rubles for the first time since July 6, 2026.
- On July 16, the indices fell by 1.93% to 2,071.04 and 836.9 points, with the yuan rising.
- On July 17, the indices rose by 0.09% to 2,024.47 and 814.16 points, with the yuan initially falling but then turning higher.
- On July 21, the indices climbed 4.02% at the opening bell to 2,081.5 and 837.09 points, while the yuan turned lower after an initial uptick.
- On July 23, the indices were down 0.13% to 2,133.43 and 856.42 points, with the yuan also falling.
- On July 24, the indices fell by 1.73% to 2,107.82 and 846.33 points, and the yuan fell below 11.5 rubles for the first time since July 16, 2026.
- On July 29, the indices gained 0.96% to 2,212.26 and 885.55 points, with the yuan rising.