MOEX Russia gains 68 points as oil stocks lead at midday

MOEX Russia trades at 2,390 points after a 68-point gain, with the August trade balance due at 4:00 p.m. Moscow time.

MOEX Russia gained 68 points, or 2.9 percent, to 2,390 points at 1:00 p.m. Moscow time on October 12, 2026. The index pulled back from its 2,403-point high after a strong opening, as Brent crude fell to USD 103.35, Moneycontrol reports.

Inter RAO rose 3.0 percent and Alrosa gained 2.6 percent among the stronger index shares. Novatek fell 2.9 percent and Lukoil declined 2.2 percent, according to Finmarket.

Why is MOEX Russia higher at midday?

The benchmark opened at 2,395 points at 9:01 a.m. Moscow time, then moved between 2,381 and 2,403 points. It stood 6 points below the open by 1:00 p.m., while still gaining 2.9 percent from Friday's 2,321-point close, Finmarket reports.

The move followed news of a US-Russia diesel supply agreement and an energy truce proposal involving Russia and Ukraine. Oil and gas shares had led the earlier advance after those developments, RBC reports.

MOEX Russia winners and losers at 1:00 p.m.

• Inter RAO up 3.0 percent, Finmarket reports
• Alrosa up 2.6 percent, Finmarket reports
• Novatek down 2.9 percent, Finmarket reports
• Lukoil down 2.2 percent, Finmarket reports

The ruble strengthened to 12.53 per yuan by noon, a 1.2 percent gain, as markets assessed higher export receipts and the geopolitical news, Reuters reports.

What comes next for MOEX Russia

• October 12, 2026, 4:00 p.m. Moscow time: Russia's August foreign-trade balance is scheduled for release, Reuters reports.
• October 13, 2026, 9:50 a.m. Moscow time: The next main MOEX Russia session is scheduled to begin, based on Moscow Exchange trading hours.

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