Russia · Country watch
Moscow Exchange Surges, Diesel Deal Boosts Markets
Record trading on Moscow Exchange and a diesel supply deal with the US boost Russian markets.
The picture Improving
Business conditions in Russia are improving as record trading on the Moscow Exchange and a diesel supply deal with the US boost market confidence. Regulatory actions on Chinese trucks add minor challenges.
In this briefing Rosstandart · Moscow Exchange · Brent Crude
Regulation
Rosstandart bans some Chinese truck sales
Rosstandart has banned the sale of certain Chinese trucks in Russia due to non-compliance with safety and quality standards, Infox.ru reports. The affected models failed to meet the required regulatory standards, prompting the agency to halt their distribution in the Russian market.
Impact Importers and dealers of Chinese trucks face sales restrictions, affecting inventory and supply chains.
Sources: infox.ru ↗
Disruption
Nothing significant reported today.
Internal tension
Nothing significant reported today.
Safety & health
Nothing significant reported today.
Companies
Nothing significant reported today.
Markets
Moscow Exchange trading hits record 92.8 billion rubles
Trading volume on the Moscow Exchange reached a record 92.8 billion rubles over the weekend of October 10-11, according to the exchange's website. This figure is more than 3.7 times the average weekend trading volume since the beginning of the year. The surge in trading activity reflects increased investor interest amid recent market developments.
Impact Investors on the Moscow Exchange see increased trading activity, indicating heightened market interest.
Sources: RG.ru Rossiyskaya Gazeta ↗, interfax ↗
Russian stock indices rise on diesel supply deal
Russian stock indices rose at the start of the week, driven by news of a diesel fuel supply agreement between the United States and Russia, Interfax reports. The Moscow Exchange index climbed above 2390 points, supported by the diesel supply news and a rebound in oil prices, with December Brent futures exceeding $106.7 per barrel.
Impact Energy companies and investors benefit from the diesel supply deal and rising oil prices.
Sources: interfax ↗, interfax ↗
Trade
Nothing significant reported today.
Politics
Nothing significant reported today.
Also today in Russia
- Russia exceeds non-commodity export target by nearly 20% over 7 months — ministry — Tass
- Oil shipping and insurance costs exceed one-third of the commodity value — OPEC — Tass
- Russian, US companies negotiating diesel supplies — Novak — Tass
- Diesel deal significance hardly be overestimated — investor — Tass
- Рубль в понедельник уверенно укрепился к юаню — interfax
- Rising freight, transport costs account for bulk of oil price increase — Novak — Tass
- Сингапур готовится к глобальным перебоям поставок — RG.ru Rossiyskaya Gazeta
- Russian diesel exports to help stabilize global oil market — deputy PM — Tass
Sources in this briefing
Sources: each headline links to the original article on the publisher's site.
The same day elsewhere
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- Brazil: Storm Warnings, Oil Price Surge, Itaipu Alert
- Canada: Alberta Separation Vote, Copper Theft Concerns
- China: China-EU Trade Deal, Export Tax Changes
- Germany: German Labor Minister Resigns, A57 Closed After Crash
- Egypt: Banque Misr's EGP 10bn Deal, El-Sisi's Asian Tour
- Spain: Madrid-Barcelona AVE Disruption, EU Hybrid Car Limits
- France: Lycée Protests Continue, Restaurant Voucher Law Debated
- United Kingdom: UK Travel Firm Liquidates, Train Disruptions
- Indonesia: New Import Tariffs, Lampung Fuel Checks Tighten
- Israel: Kfar Saba Corruption Arrests, Microsoft Job Cuts
- India: Rupee Rebounds, SC Orders Medicine Price Cap
- Iraq: Iraq Investment Law Changes, Oil Price Drop
- Iran: Hormuz Tanker Fire, Dollar Drops, Protests Persist
- Italy: Ex Ilva Strike, Budget Challenges, MPS Tensions
- Japan: Japan's Tax Debate, SaaS M&A Surge
- Kenya: Kenya-Uganda Trade Talks, Ebola Update, Construction Growth
- Lebanon: Lebanon Tax Crackdown, Dollar Surge, Oil at $107
- Morocco: Moroccan Government Formed, Fishing Output Rises
- Mexico: Peso Strengthens, Hurricane Simon Disrupts Ports
- Malaysia: Malaysia Opens Contracts, Kajang Landslide Hits
- Nigeria: Dangote IPO Extended, Nigeria's Debt Woes, Kano School Closures
- Netherlands: Albert Heijn Cyberattack, New Zoo Regulations
- Poland: Gas Prices Surge, Starlink Sabotage Arrests
- Portugal: Japan Lifts Poultry Ban, Douro Rail Disruption
- Senegal: Diphtheria Outbreak, Water Cuts in Dakar
- Syria: Syrian Customs Tariff Cuts, Aleppo Fuel Crisis
- Turkey: Turkey Export Growth, Capital Market Probe
- Ukraine: EU Sanctions Russia, Kyiv Power Outages Persist
- United States: ATF Eases Gun Rules, Port of LA Cargo Record
- Vietnam: PM Overhauls Power Plan, Dollar Strengthens
- South Africa: Tongaat Delisting, KZN Heatwave Impacts