Business
Russia Stocks Edge Lower as MOEX Index Holds Flat on Final Trading Day of May
📅 May 31, 2026 18:00 ET
⏱ 2 min
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GazetaDay Editorial
The MOEX Russia Index closed virtually unchanged on the last trading day of May, as stocks inched lower amid subdued trading volumes. The broader market showed little directional bias, with investors consolidating positions ahead of the new month.
MOEX Index Performance
The Moscow Exchange benchmark index remained near flat for the session, reflecting a lack of catalysts. The index’s slight decline on May 31, 2026, capped a mixed month for Russian equities, as gains in select sectors were offset by weakness elsewhere.
Currency and Commodity Moves
The Russian ruble weakened marginally against major currencies. The United States dollar traded at 71.02 rubles, down 0.35 rubles on the day. The euro fell by 1.05 rubles to 82.64 rubles. Oil prices, a key driver for Russian markets, held around $72 per barrel, providing limited support for energy-heavy stocks.
Bitcoin and Risk Assets
Bitcoin slipped 0.1% over the past 24 hours to $73,774, tracking a cautious tone across risk assets. The cryptocurrency’s move was in line with broader market hesitation, with no major macroeconomic releases to spur volatility.
Market Context
As of May 31, 2026, the ruble-dollar rate stood at 71.02, the euro-ruble rate at 82.64, and bitcoin at $73,774 (down 0.1% on the day). Crude oil was estimated near $72 per barrel.
Russia stocksMOEX Russia IndexMoscow Exchangeequity marketmarket closeMay 31trading session