Russian stocks open lower on Monday trading

Russia’s stock market started trading in red on Monday, with the MOEX Index slipping by 0.35 per cent to 3,384.74 points, TASS reported.

The dollar-denominated RTS Index was down by 0.07 per cent to 1,194.79 points as of 10:00 a.m. Moscow time (07:00 a.m. GMT), according to trading data.

By 10:28 a.m. (07:28 a.m. GMT), the MOEX had further declined by 0.72 per cent to 3,372.14 points, while the RTS was down by 0.12 per cent to 1,194.1 points.

Additionally, the dollar exchange rate decreased by 0.63 per cent to 88.96 rubles on the Moscow Exchange, the euro was down by 0.72 per cent to 96.6 rubles, and the yuan slipped by 0.57 per cent to 12.218 rubles.