The Moscow Exchange Index for the first time since April 5, 2022 rose above 2800 points

The Moscow Exchange Index for the first time since April 5, 2022 rose above 2800 points

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The Moscow Exchange Index during trading rose to 2800.95 points (by 1.29%), which is a record value since April 5, 2022. As of 15:43 the index is 2799.1 points (+1.23%).

Growth Leaders:

1. Novolipetsk Iron and Steel Works (NLMK) — RUB 164.78/share (+4.3%);

2. Magnit — RUB 4,495/share (+3.38%);

3. Tatneft — RUB 504/share (+3.26%);

4. GC “Rusagro” – 907.6 (+3.18%);

5. PJSC EN+GROUP — 474 (+3.04%).

At the end of May, the Moscow Exchange index rose above 2,700 points for the first time since April 2022. Analysts attribute the growth to positive corporate actions by individual companies, which support the incoming dividends of a number of large issuers.

More details – in the material “Dividends return to the stock exchange”.

Erdni Kagaltynov

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