The MICEX index has reached the level of 1700 points for the first time since September 22

The MICEX index has reached the level of 1700 points for the first time since September 22


The MICEX index increased to 1704 points, the RTS index – by 2.2% – up to 875 points.

MOSCOW, 9 Oct. The MICEX index has exceeded the psychologically important level of 1700 points on the background of growth of oil shares for the first time since September 22, according to the data of the Moscow exchange.

The MICEX index to 10.26 GMT Friday increased by 0.9% to 1704 points, the RTS index — by 2.2% — up to 875 points, according to data of the Moscow exchange.

Some roll down of the ruble to the dollar (after its growth with the opening of trading) helped the ruble-denominated MICEX to boost growth and overcome 1700 points.