Russian stock market opens higher as MOEX index gains 0.2%

The Russian stock market opened with gains on September 3, with the MOEX index rising 0.2% in early trading, recovering from a slight decline the previous day. By 07:01 Moscow time, the MOEX index reached 2,189.23 points, up 0.19%, with most blue-chip stocks gaining up to 0.9%. An hour later, the IMOEX2 index rose 0.32% to 2,192.07 points, driven by new inflation data and high global oil prices. Asian-Pacific stock indicators also showed positive dynamics, though oil prices dipped slightly after recent gains, with Brent futures at $95.46 per barrel and WTI at $90.97. The previous session saw a 0.35% decline following a rally triggered by US Treasury Secretary Scott Bessent's meeting with Russian officials.