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The US-Russia summit did not achieve a breakthrough, and the Russian stock index opened with a fall.
Jin10 data reported on August 18 that the Russian stock market opened lower on Monday at the Moscow exchange, with the Russian MOEX index and the Russian Trading System index (RTS) falling about 2.2%, as investors chose to take profits after the meeting between the Russian and U.S. presidents in Alaska last Friday. This meeting did not yield breakthrough decisions but facilitated further dialogue between the two sides on resolving the Ukraine conflict. A supporting factor is the improvement in global stock market sentiment and the stabilization of oil prices (Brent crude futures hovering around $66 per barrel).