Moscow Shares Rise to Three-Month High as Mining, Oil & Gas and Manufacturing Advance
The MOEX Russia Index closed higher, gaining 0.31% and reaching a new three-month high. Strength in mining, oil & gas and manufacturing stocks powered the advance. Market breadth favored gainers, while volatility as measured by the RVI ticked up. Precious metals and crude oil prices climbed and the ruble strengthened against the dollar and euro.