MOEX:SOVO 7 March 2026

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.

7 March 2026

MOEX:ACRN·MOEX:LKOH·MOEX:NVTK·MOEX:PHOR·MOEX:ROSN·MOEX:SOVO·Oil Prices·Stock Market

ASX Penny Stocks Spotlight: Perenti, Steadfast, Wildcat Among Top Picks
March 26, 2026, 11:16 PM EDT. Australian stocks face pressure due to geopolitical tensions and natural disruptions. Investors are eyeing penny stocks for growth potential despite inherent risks. Perenti Limited (ASX: PRN), a mining services company valued at A$1.84 billion, shows diversified revenue and stable financials with manageable debt and an interim dividend. Steadfast Group (ASX: SDF), valued at A$4.6 billion, delivers strong 51.9% earnings growth and solid liquidity despite higher debt. The firm recently appointed a new CFO, signaling strengthened leadership. These picks represent companies balancing opportunity amid market challenges, highlighting the niche appeal of penny stocks during volatility.