MOEX Russia closes 3.1 percent higher after diesel deal
Published on 10/12/2026 at 22:21 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- MOEX Russia closed at 2,394 points on October 12, up 73 points or 3.1 percent.
- The Russia-US diesel deal involved an immediate release of 300,000 tons of fuel.
- Magnit led MOEX Russia gainers with a 6.6 percent advance.
- On October 13, PIK will hold an extraordinary shareholder meeting on its public status.
MOEX Russia closed at 2,394 points on October 12, up 73 points or 3.1 percent, according to TASS. The move followed a Russia-US diesel agreement involving 300,000 tons of immediate supplies.
RBC said the agreement included a US sanctions waiver through April 7 and supported a reassessment of geopolitical risk. The previous main-session close was 2,321 points on October 9.
The diesel deal drives MOEX Russia higher
The diesel agreement was the main catalyst cited for the advance. TASS also linked buying sentiment to higher oil prices. The yuan weakened to 12.512 rubles, according to the same account.
Magnit leads MOEX Russia gainers
- Magnit up 6.6 percent, TASS reports
- VK up 6.2 percent, TASS reports
- Alrosa up 5.5 percent, TASS reports
- Novatek down 3.4 percent, TASS reports
- Surgutneftegas down 2.1 percent, TASS reports
- Lukoil down 2.0 percent, TASS reports
The stock moves showed a mixed session beneath the index advance. Oil-related shares did not move uniformly, while Magnit, VK and Alrosa led the reported gains.
MOEX Russia closes above 2,300 points
The benchmark ended close to the 2,400-point threshold after opening-session trade reached 2,397 points at 7:01 a.m. Moscow time, according to TASS. The close was 3.1 percent above October 9, when the index finished at 2,321 points.
What comes next for MOEX Russia on October 13
On October 13, investors will track an extraordinary PIK shareholder meeting on a possible delisting and the transfer of 15 Samolet bond issues to a lower quotation list, BCS says. BCS expects the index to consolidate within 2,300 to 2,400 points.
