OREANDA-NEWS The Russian stock market expects a sharp increase in 2026, follows from the investment strategy of PSB Bank.

"We are optimistic about the stock market, expecting its steady growth, which will be facilitated by increased economic activity and easing of monetary policy. "The tapes.ru") and the weakening of the ruble," the Center for analytics and expertise of the credit institution said in a statement.

In the framework of the baseline scenario, experts see the prospect of an increase in the Moscow Exchange index to 3,800 points, that is, by about 40 percent from current levels, and in case of a positive scenario, they predict an increase to 4,200. In a negative scenario, implying stagnation of economic growth and lack of improvement in geopolitics with a worsening situation in the global economy, analysts expect a drop to 2,300 points.

Last December, some experts, against the background of Donald Trump's victory in the US presidential election, expected the Moscow Exchange index to grow to 5,000 points in 2025. In light of the fact that negotiations on the settlement of the Ukrainian conflict are still ongoing, such an increase has not occurred. At times, it increased quite significantly, but in the end it remained at about the same levels as a year ago — 2,714.12 points at the end of trading on December 25 against 2,750 points at the end of December 2024.