The MOEX fell 45 points, or 1.6% to 2,735 on Friday, reversing a 1.4% gain in the previous session, on the back of falling oil prices and growing tensions between the two world’s largest economies. Still, the MOEX added 0.9% for the week and rose 3.2% for the month.
Historically, the MOEX Russia Index reached an all time high of 3226.89 in January of 2020. MOEX Russia Index - data, forecasts, historical chart - was last updated on May of 2020.
The MOEX Russia Index is expected to trade at 2709.15 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 2556.97 in 12 months time.