The Russian stock market opened the central session in growth. At 9:00 Moscow time, the Moscow Stock Exchange Index (IMOEX) added 1.16% to 2539.51 points. Overall, the Russian market has entered the most interesting phase in recent months: the fundamental story is still weaker than the price, but the geopolitical premium is shrinking rapidly. If the negotiations really move from statements to concrete decisions, 2600 on the Moscow Stock Exchange will no longer look like an inflated target, believes Yaroslav Kabakov, the strategy director of Finam Financial. Meanwhile, with a rate of 14% and inflation above 7%, the underlying reasons for vertical growth are still insufficient. Now the market is growing according to the expectations of the world. The next step must be confirmed in numbers, Kabakov emphasized. Data: TradingView.

The Russian stock market opened the central session in growth. At 9:00 Moscow time, the Moscow Stock Exchange Index (IMOEX) added 1.16% to 2539.51 points. Overall, the Russian market has entered the most interesting phase in recent months: the fundamental story is still weaker than the price, but the geopolitical premium is shrinking rapidly. If the negotiations really move from statements to concrete decisions, 2600 on the Moscow Stock Exchange will no longer look like an inflated target, believes Yaroslav Kabakov, the strategy director of Finam Financial. Meanwhile, with a rate of 14% and inflation above 7%, the underlying reasons for vertical growth are still insufficient. Now the market is growing according to the expectations of the world. The next step must be confirmed in numbers, Kabakov emphasized. Data: TradingView.