The market bought hope for negotiations.
The Moscow stock market index closed on Friday at 2,513 points, plus 2% for the day, above 2,500 for the first time since November 2. US special envoys Kushner and Witkoff met with Putin in Moscow, and on November 10, tripartite negotiations were held in Abu Dhabi to resolve the conflict with Ukraine. A new round of meetings was agreed upon; The issue will continue at the APEC summit.
The counterbalance is the new package of EU sanctions: 50 banks and up to 145 companies and individuals under restrictions, the final word comes to the foreign ministers on November 16.
But the internal background is pressing. Weekly inflation accelerated to 0.12% compared to 0.04% a week earlier; Since the beginning of the year, prices have increased by 6.33% - this does not add room for lowering interest rates. The budget for 10 months entered a deficit of 5.234 trillion rubles. (2.3% of GDP), oil and gas revenues decreased by 14%. VTB announced another issue and added 5%, Rosneft recommended dividends of 9.44 rubles. Per share, Kamaz jumped 13% following talk of a transportation renewal plan. Eurotrans showed the other side: Gazprombank Leasing is confiscating all 57 gas stations of the Terrasa chain - hence the collapse of anti-leadership papers.
A barrel of Brent is trading at a price of 96.1 dollars.