Today’s trading in the Russian stock market started in the major on the background of improving external stock and raw materials conditions on the signals of the U.S. Federal Reserve on the gradual tightening of monetary policy.

The MosBirch index rose by 1.03% to 2,397.61 points during one minute of trading.

The RTS index jumped by 2.21% to 1138.78 points by 10:01 Moscow time.

Asian stock markets are growing on Thursday on the statements of the head of the Federal Reserve System, the stock exchanges of Japan and South Korea are closed.

U.S. stock indexes soared about 3% yesterday, the best daily gain since 2020.

European stock indices declined at the end of yesterday’s trading on the back of weak statistical data, as well as expectations of the European Union’s adoption of the sixth package of sanctions against Russia.

Oil continues to rise in price after a 5% jump the previous day amid plans to impose an embargo on fuel imports from Russia by the European Union.