By John Meyer, consultant in financial affairs – Eurasia Business News, September 3, 2025. Article no. 1763
The Moscow Exchange (MOEX) Russia Index closed at approximately 2,867.55 points, up 0.78% from the previous close of 2,845.39. The index traded within a range of 2,846.87 to 2,875.01 points during the day, showing mild positive momentum.
Key stock movements included:
- Gazprom was relatively flat, up slightly by 0.05% to around 132.25 rubles.
- Lukoil gained 1.00%, closing near 6,400 rubles.
- Sberbank increased by about 0.24%, ending the day around 309.17 rubles.
- Rosneft declined by 1.12%, falling to approximately 446.75 rubles.
- Novatek rose marginally by 0.18%, closing at about 1,222.20 rubles.
- Tatneft was up by 0.85%, reaching about 652.50 rubles.
The exchange rates for the Russian ruble were approximately:
Against the Euro (EUR/RUB), the rate was roughly 93.90 rubles per euro, with the ruble slightly weaker by about 0.5% compared to the previous day.
Against the US Dollar (USD/RUB), the rate was about 81.00 rubles per dollar, with the ruble weakening by around 0.56% compared to the previous session.
Trading activity was elevated compared to previous sessions, with some volatility influenced by geopolitical uncertainties and the anticipation of a Bank of Russia monetary policy meeting. Despite the mixed performances among individual stocks, the overall market showed a modest gain on this date
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