Today: 20 March 2026
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MOEX:NVTK 30 October 2025 - 7 March 2026

Moscow Exchange Last Week: MOEX Gains 2% as Oil Rally Lifts Russian Stocks

Moscow Exchange Last Week: MOEX Gains 2% as Oil Rally Lifts Russian Stocks

The MOEX Russia Index rose 2% to 2,854.11 last week, while the dollar-based RTS slipped 0.5% as Brent crude surged 27% to $92.69 a barrel amid disruptions in the Strait of Hormuz. Russian energy stocks led gains, with Sovcomflot up 7.8% and Rosneft 4.9%. The official dollar rate climbed to 79.15 roubles. Moscow Exchange reported 41 million brokerage accounts by year-end 2025.
China–Russia Mega Trade Deal Jolts Markets: Stocks React to New Pact

China–Russia Mega Trade Deal Jolts Markets: Stocks React to New Pact

Russia’s parliament ratified a new investment and trade treaty with China on Oct. 27, including the Power of Siberia-2 gas pipeline memorandum and plans to settle more trade in yuan and rubles. China’s Shanghai Composite and Hong Kong’s Hang Seng fell, while Russia’s MOEX rose. Bilateral trade reached $244.8 billion in 2024 but dropped 9% in early 2025. Oil and gold prices climbed following the announcement.

Stock Market Today

  • Planet Labs (PL) Share Price Rises Despite Losses, Valuation Debated
    March 20, 2026, 1:11 PM EDT. Planet Labs PBC (PL) stock surged to $26.96 with a sharp 8.67% gain in one day and a 32.09% increase year to date, fueled by growing investor momentum. The San Francisco-based satellite services firm reported $282.5 million revenue but a large net loss of $129.6 million. Despite its dominant Earth Observation platform, the company's current market price significantly exceeds a calculated fair value of $11.31, raising concerns of overvaluation. The bullish outlook depends on rapid revenue growth and margin improvements. Yet risks remain if commercial adoption slows or losses continue. Investors face a tension between enthusiasm for the sector's potential and caution over persistent losses amid rising valuations.
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