MICEX (ruble denominated index of TOP 50 Russian shares) and RTS (US Dollar denominated) stock indices demonstrate a clear bullish rally since the US President Election Day, marked as vertical line on the charts.
The MICEX index has gained 14,2% since the election to date and 26,7% YTD; RTS performance is even more impressive with 17,7% and 50,9% rise, accordingly, thanks to RUB strengthening in the displayed period.
The MICEX index has gained 14,2% since the election to date and 26,7% YTD; RTS performance is even more impressive with 17,7% and 50,9% rise, accordingly, thanks to RUB strengthening in the displayed period.