The MOEX rouble-denominated index, one of the best global performers in 2019, is expected to reach 3,150 by the end of this year, up about 3.4% from 3,047.06 on Nov. 23, according to the median of 13 analysts polled in the past two weeks. "Both MOEX and RTS indexes have good chances to be above current levels by the end of this year if no new anti-Russian sanctions are implemented," said Elena Kozhukhova, an analyst at Veles Capital. Having priced in the victory of Joe Biden as the next US President, Russian stocks will continue watching developments around Covid-19 that sent Russia's economy into contraction in 2020 and prompted the central bank to slash rates.