Russian stock market closed in the red

Russian stock market closed in the red The MOEX Russia Index lost 3.96%, the RTS Index dropped by 4.16%MOSCOW, June 24. /TASS/. The MOEX Russia Index lost 3.96% to 2,243.47 by the close of business, according to trading data. The RTS Index plunged by 4.16% to 945.17 points. The yuan rate added three kopecks to 10.97 rubles. "The rebound on the Russian stock market turned out to be a short one and the MOEX Russia Index again dropped below 2,300 points on Wednesday. The geopolitical background is negative and shows no signs of improvement. Oil, gas and metals continued to become cheaper; the currency factor moved to the background," Andrey Sokolov from BCS Investment World said in a comment. Freedom Global believes the MOEX Russia will move on Thursday in the corridor of 2,200-2,300 points. BCS Investment World predicts the index will be within 2,225 - 2,325 points. 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