MOEX Russia falls 0.1 percent at midday as inflation weighs
Published on 10/09/2026 at 13:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSKey points in brief
- MOEX Russia was at 2,311 points at 1:00 p.m. Moscow time on October 9, 2026, down 0.1 percent.
- Accelerating inflation and falling Brent prices weighed on the index despite support from gold and oil producers.
- Yandex fell 3.2 percent after a data-center incident, while Seligdar gained 2.9 percent.
- Rosstat is scheduled to publish September inflation data at 7:00 p.m. Moscow time.
MOEX Russia was trading at 2,311 points at 1:00 p.m. Moscow time on October 9, 2026, down 0.1 percent from the previous close as renewed inflation pressure outweighed support from oil and gold prices, according to Finance Mail. The index had moved between 2,301 and 2,321 points during the session.
Yandex weighs on the index
Yandex was among the weakest large stocks, falling 3.2 percent at noon, while Ozon lost 2.5 percent, according to Vedomosti. Yandex shares were under pressure after an incident at a company data center disrupted services, RBC reported.
Seligdar was the strongest mover among the stocks listed by Vedomosti, rising 2.9 percent, followed by Moscow Credit Bank at 2.7 percent. Gold miners received support from higher bullion prices, while steel stocks weakened.
Inflation and oil set the market tone
Consumer prices rose 0.96 percent in the week from September 29 to October 5, up from 0.12 percent in the previous week. Annual inflation reached 7.08 percent under the Central Bank calculation and 7.17 percent under the Economy Ministry calculation, according to Interfax. Brent futures were down 1.2 percent at USD 103.05 a barrel after rising 5.4 percent on October 8, Vedomosti reported.
What comes next
Rosstat is scheduled to publish September consumer-price data at 7:00 p.m. Moscow time on October 9. Sberbank, Rusagro and Raspadskaya are also due to publish nine-month Russian accounting results, while October 9 is the final dividend-eligible trading day for T-Technologies, Novatek, Nornickel and Novabev Group, according to SIA.
