Russian stocks climbed above a closely watched threshold on Tuesday as investors turned their attention to diplomacy around the UN General Assembly meeting this week. The MOEX index moved above 2,300 points, and Gazprom shares crossed 100 roubles, according to Finam’s market update.
Presidents Donald Trump and Volodymyr Zelenskyy are due to meet in New York on the sidelines of the UN General Assembly, with de-escalation and energy infrastructure expected to feature prominently in their talks, according to Axios.
Even a small glimmer of diplomacy can matter for Moscow-listed stocks, as sanctions...