Russian stocks experienced a significant surge of 6.6 percent at the opening of the Moscow Exchange following a notable phone call between Presidents Vladimir Putin and Donald Trump. This surge was a continuation of the positive momentum from the previous day, as reported by Interfax. The market saw a rapid increase in both the RTS and MOEX indices within the first minute of trading, with the MOEX index reaching 3,224.38 points and the RTS at 1,080.03. Subsequently, by 10:33 a.m., the MOEX index stood at 3,148.14 points, and the RTS at 1,057.31.

Kommersant highlighted that the overall market capitalization of Russian stocks, as indicated by the MOEX index, reached 7.05 trillion rubles ($82.9 billion) by 9:00 a.m., marking an increase of 0.5 trillion rubles ($5.5 billion) since the previous trading day. Notably, major Russian companies witnessed substantial growth in their share prices, with Novatek soaring by 9.6 percent, Gazprom by 8.4 percent, Rostelecom by 8.2 percent, Aeroflot by 8.2 percent, Rosneft by 7.6 percent, Sberbank by 7.5 percent, and Lukoil by 6.9 percent.

Simultaneously, the value of the U.S. dollar dipped to 89 rubles on the Forex market, marking its lowest point since September 2024. Ekaterina Krylova, a managing expert at the PSB Analytics and Expertise Center, attributed the market’s bullish trend to a resurgence in “geopolitical optimism” following the Putin-Trump dialogue, as reported by RBC. Yaroslav Kabakov, the strategy director at Finam, concurred with this sentiment, emphasizing the positive impact of discussions surrounding a potential resolution in Ukraine and Trump’s emphasis on seeking a peaceful settlement.

Analysts are optimistic about the prospect of de-escalation and the potential for the restoration of international transactions, which is particularly crucial for companies oriented towards exports. The market reaction underscored the significance of geopolitical events on investor sentiment and highlighted the interconnectedness of global politics with financial markets.

In conclusion, the positive market response on the Moscow Exchange following the Putin-Trump call reflects the influence of geopolitical developments on stock market performance, emphasizing the importance of political stability and international relations in shaping investor confidence and market dynamics.