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[URL unfurl="true"]https://tradingeconomics.com/russia/stock-market[/URL]The ruble-based MOEX Russia index fell to 3,440 on Tuesday, weighed by lower oil and metals prices, looming sanctions threats, and dividends updates.The EU might include a ban on the LNG import from the country in the 14th package of sanctions, while the US is preparing sanctions against Chinese banks working with Russia.Domestically, the authorities confirmed the extension of exporters' capital controls to the end of 2024.However, they considered lifting the export duties for Rusal (1.4%) and purchasing the company's products into reserve.The index was dragged by blue chips Sberbank (-2.1%) and Gazprom (-2.1%), with the former announcing record dividend payout for 2023.Meanwhile, Surgut plunged by 4% since company's board of directors didn't decide on renumeration.In positive news, TCS advanced by 1.5% after Interros Group supported proposal for an additional issue of shares to integrate Rosbank into the structure of TCS Holding, while Tatneft rose by 1% on dividends.
[URL unfurl="true"]https://tradingeconomics.com/russia/stock-market[/URL]
The ruble-based MOEX Russia index fell to 3,440 on Tuesday, weighed by lower oil and metals prices, looming sanctions threats, and dividends updates.
The EU might include a ban on the LNG import from the country in the 14th package of sanctions, while the US is preparing sanctions against Chinese banks working with Russia.
Domestically, the authorities confirmed the extension of exporters' capital controls to the end of 2024.
However, they considered lifting the export duties for Rusal (1.4%) and purchasing the company's products into reserve.
The index was dragged by blue chips Sberbank (-2.1%) and Gazprom (-2.1%), with the former announcing record dividend payout for 2023.
Meanwhile, Surgut plunged by 4% since company's board of directors didn't decide on renumeration.
In positive news, TCS advanced by 1.5% after Interros Group supported proposal for an additional issue of shares to integrate Rosbank into the structure of TCS Holding, while Tatneft rose by 1% on dividends.
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