- Russia’s stock market is likely to struggle to climb higher by the end of this year, along with its global peers, but a Reuters poll of market experts foresees it gaining again in 2020.
After posting solid gains in the first seven months of 2019, Russian stock indexes slipped in August and are likely to finish this year near current levels, before rising again by the end of 2020, a consensus forecast of around 12 analysts showed. The MOEX is seen staying around the year-end level in mid-2020 and then rising to 2,800 by the end of next year, according to the poll, which was conducted in the second half of August.
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That’s a funny way to talk about the stock market: