MOEX Russia closes main session down 0.56 percent at 2,441.99 points
Published on 11/03/2026 at 22:56 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSMOEX Russia ends main session lower
- The MOEX Russia Index closed the November 3 main trading session at 2,441.99 points, down 0.56 percent.
- Sellers took control after the index attempted to recover the 2,500-point level, according to TASS.
- BCS expects a possible move back toward 2,500 points on November 4, while another analyst sees a 2,400 to 2,500 range.
The MOEX Russia Index ended Tuesday's main trading session lower as sellers regained control after an attempted recovery toward the 2,500-point mark. The index closed at 2,441.99 points, a decline of 0.56 percent for November 3, according to TASS.
Selling pressure returned near 2,500
TASS quoted Andrey Smirnov of BCS World of Investments as saying that the index had tried to return to 2,500 points, but that sellers took the initiative during the session. The move left the benchmark below a level that had acted as a near-term reference point for market sentiment.
The market's internal performance was mixed. TASS reported gains in LSR, RusHydro, Positive Group, Lenta, Samolet and Ozon, while VK, Rostelecom common shares, Renaissance Insurance, Mechel preferred shares and Sovcomflot were among the notable decliners. RusHydro rose 7.6 percent; TASS cited Freedom Global analyst Vladimir Chernov, who said the advance may have been linked to government plans to attract investment into the construction and modernization of power plants.
VK profit-taking weighs on sentiment
VK fell 6.29 percent during the session. According to TASS, Chernov suggested that the decline may have reflected profit-taking after the stock had risen by more than 50 percent over the previous two trading sessions. That explanation applies to the individual share and does not by itself establish a broader cause for the index's decline.
Analysts outline a cautious outlook
For November 4, BCS expects the MOEX Russia Index could resume its upward movement and target 2,500 points if the session passes without major disruptions. Chernov expects trading in a 2,400 to 2,500-point range. These are analyst scenarios rather than a confirmed market direction.
The Moscow Exchange identifies the instrument as the capitalization-weighted MOEX Russia Index, with the index code IMOEX and ISIN RU000A0JP7K5. Further coverage is available on the MOEX Russia topic page.
