RTS Index closes November 3 at 941.94 points, down 1.4%
Published on 11/03/2026 at 22:42 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSRTS Index ends November 3 lower
- The RTS Index closed the main Moscow trading session on November 3 at 941.94 points, down 1.4 percent.
- Weak oil prices and profit-taking ahead of Russia's November 4 holiday weighed on the broader market.
- The index's decline followed an early gain and extended the previous session's retreat from 955.34 points.
The RTS Index closed the main Moscow trading session on Tuesday, November 3, at 941.94 points, down 1.4 percent. The dollar-denominated benchmark initially moved higher, but selling pressure took over during the session. TASS reported the closing level and described sellers as taking the initiative after the market attempted to recover toward the 2,500-point area on the related MOEX Russia Index.
Early gains reverse during session
The RTS Index had opened at 960.25 points, or 0.51 percent above the previous close, according to a separate TASS report. The subsequent decline left the index 13.40 points below Monday's 955.34-point close. Based on those two closing levels, the move was a 1.402 percent loss, consistent with the reported 1.4 percent decline.
Oil and profit-taking weigh
Interfax attributed the renewed correction in Russian equities to weak oil prices, profit-taking ahead of the November 4 holiday in Russia and caution after an initial rise linked to news about the timing of trilateral US-Russia-Ukraine talks. The report said January Brent futures had retreated toward 103 US dollars per barrel during the session. For the RTS Index, which is dollar-denominated and includes major Russian companies, lower energy prices can weigh on sentiment toward exporters and the wider equity market.
Mixed performance among constituents
The session was not uniformly negative across individual shares. TASS identified LSR, RusHydro, Positive Group, Lenta, Samolet, Ozon, Moscow Credit Bank, Rosseti, PhosAgro and Aeroflot among the leading gainers. VK, Rostelecom, Renaissance Insurance, Sovcomflot, Rusal, Rusagro, Polyus and Sistema were among the notable decliners. TASS said profit-taking may have contributed to VK's decline after the stock had risen by more than 50 percent over the preceding two sessions.
The November 3 close therefore marked a further pullback for the RTS Index after Monday's 2.79 percent drop. The immediate market focus remains on oil-price developments, the ruble and signals surrounding the planned Ukraine negotiations. Further index direction will depend on whether commodity prices stabilize and whether investors resume buying after the holiday break. More index coverage is available on the RTS Index topic page.
