The ruble-based MOEX Russia index ended above flatline at 3,242 on Friday, as investors digested economic data and corporate news.

The country's trade surplus came at its highest since December 2022, helped by increased prices for Russian key commodities.

Meanwhile inflation accelerated to 6.7% in October, the most since February 2023 but matching market expectations.

Earlier, Nabulina, the head of the central bank stated that price pressures had peaked in the third quarter, and annual inflation will set on downward trend in spring.

Among sectors, transport, electric utilities, and IT posted strong losses, while increases came from oil & gas and financials.

Rosneft (2.8%) and Moex (2.5%) were the top performers, with the former benefitting from dividend news.

Also, heavyweight Sberbank added 1.5% on positive RAS results for the month.
In contrast, Unipro, VK, PIK, and Rosseti were the main decliners, down by 2.3%, 2%, 1.5%, and 1.4%, respectively.

Weekly, the index ended 1% higher.