Moscow stock exchange MOEX in positive territory following US–Ukraine talks

MOEX, RTSI both up 1.81%, while Russian ruble gains against US dollar following White House meeting among Trump, Zelenskyy, and European leaders

By Emre Gurkan Abay and Emir Yildirim

MOSCOW (AA) - The Moscow Exchange (MOEX) opened Tuesday on a positive trend in the wake of Monday’s meeting between US President Donald Trump and Ukrainian President Volodymyr Zelenskyy at the White House.

The MOEX started with a 1.81% rise to above 3,004 points after statements from the meeting, while the US-dollar-calculated RTS Index rose 1.81% to 1,176 points.

The Russian ruble gained 0.11% against the US dollar, while the US dollar/Russian ruble exchange rate fell to 80.71.

Analysts say that the Trump–Zelenskyy meeting at the White House raised hopes for the end of the war in Ukraine, boosting Russian markets.

Trump, Zelenskyy, and several European leaders who were also at the White House discussed security guarantees for Ukraine “with coordination from” the US. Trump called it a “good meeting.”

Last week Trump also met with Russian President Vladimir Putin in the US state of Alaska, but a deal was not reached then.

Kaynak:

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