Moscow Exchange Index Renews Its All-time High

The Moscow Exchange index, which reflects the ruble value of Russian shares, in morning trading on October 6 rose for the first time in the history of the Russian market to 4257.46 points, according to trading data by 11:30 Moscow time.

The RTS index, reflecting the dollar value of shares, rose to a maximum of August 2011 – up to 1,855 points, Russian media reported.

The leaders of growth are the shares of Russian oil and gas companies, primarily Gazprom.

This morning the gas price set several records at once, rose by 21%, or $300, and eventually exceeded $1,700 per thousand cubic meters.

The price of the European benchmark Brent reached $83 per barrel. The dollar rose in price by 23 kopecks to 72.56 rubles, the euro fell by 10 kopecks to 83.9 rubles.