After the conversation between Putin and Trump, the Moscow Exchange index showed the largest increase in a year

© изображение сгенерировал ИИ

The Russian stock market reacted sharply to the telephone conversation between the leaders of Russia and the United States, demonstrating the largest growth in 2025. This is evidenced by the data of the Moscow Stock Exchange.

Following the results of trading on October 16, the Moscow Exchange index rose by 6.97% to 2,716.58 points, which is the best result since December 2024.

As Yaroslav Kabakov, Director of strategy at Finam, noted, the news about the conversation between Putin and Trump took the market by surprise: a short-squeeze occurred during the evening session, and trading volumes doubled. According to Mikhail Zeltser, an expert at BCS World of Investments, the trading volume on the stock market this evening reached almost 160 billion rubles, which is the highest since the beginning of August.

On the morning of October 17th, the market corrected. By 08:30 Moscow time, the Moscow Exchange index was down 0.65% to 2,699.17 points.

• As previously reported, the negotiations between Putin and Trump resulted in their agreement to hold a face-to-face meeting, which is scheduled to take place for two weeks in Budapest. This will be preceded by talks between US Secretary of State Marco Rubio and Russian Foreign Minister Sergei Lavrov.