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IMOEX Index Shows Resilience Amid Central Bank Rate Hold and Geopolitical Tensions
The IMOEX index attracted buyers yesterday despite the Central Bank's decision to keep interest rates unchanged and hawkish comments from Governor Nabiullina. Analysts note that Russia is currently in a historically strong stock period that typically runs from mid‑September to mid‑November. Upcoming discussions on Ukraine are expected in Abu Dhabi this November, and a possible meeting between President Putin, President Xi Jinping and former President Trump at the APEC summit is being speculated. There are also expectations of heightened US and Israeli military actions against Iran.