Russian stocks decrease after fall on US, Asian markets - All News - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Russian stocks decrease after fall on US, Asian markets

MOSCOW, Feb 9 (PRIME) -- The Russian stock market declined on Friday on the back of a steep fall of U.S. and Asian indices, and oil price consolidation at the level lower than U.S. $65 per barrel, analysts said.

The MOEX Russia Index fell 1.35% to 2,197.12 and the RTS index decreased 2.06% to 1,185.79.

УAnother drop on the American market has left no chance for Russian market participants,Ф Andrei Kochetkov, an analyst at Otkritie Broker, said.

According to Vitaly Manzhos, a senior risk manager at investment company Nord Capital, Asian markets fell strongly as well and the Brent oil price consolidated below a threshold of $65, which also pressurized Russian assets.

These factors made a decision by the Russian central bank to reduce the key rate to 7.50% from 7.75% unimportant to investors, Manzhos said.

Kochetkov said that oil prices fell at a slower pace on Friday and stocks of Russian oil companies were moderately decreasing.

According to Kochetkov, the Russian market is increasingly oversold and will recover after stability reinstalls on foreign markets.

TMK dove 3.29% on cancellation of an initial public offering (IPO) of affiliate IPSCO Tubulars, he said.

Below are the MOEX Russia IndexТ five most active stocks on Friday:

Company Change, % Last price, rbl Trading volume, bln rbl
Sberbank -1.22 250.11 20.371
Gazprom -1.2 135.56 7.213
Lukoil -1.86 3617.5 4.683
Magnit -0.35 4808 2.451
ALROSA -1.68 84.95 2.403

(57.6736 rubles Ц U.S. $1)

End

09.02.2018 19:17
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 72.1826 -0.0564 24 may
USD 61.5945 +0.3335 24 may
Stock Market Indices
1D 1W 1M 1Y
MICEX
rtsi 1174.71 -2.27 18:50 23 may
micex 2295.57 -1.35 18:50 23 may
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 146.06 -0.30 18:49 23 may
lkoh 4263.00 -2.22 18:49 23 may
rosn 377.70 -2.04 18:49 23 may
sber 221.00 -2.04 18:49 23 may
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 72.4075 -0.8200 14:59 23 may
USDTD 61.5900 +0.4225 17:44 23 may