Russian stocks fall on inflation anxiety, blue chipsТ pressure - 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 fall on inflation anxiety, blue chipsТ pressure

MOSCOW, Nov 24 (PRIME) -- The Russian stock market fell on Wednesday, pressured by the market blue chipsТ downward momentum, as well as investorsТ irrepressible fear of inflation risks, analysts said.

The MOEX Russia Index fell 0.25% to 3,950.56 and the RTS decreased 0.11% to 1,660.59.

УThe MOEX Russia Index was under light pressure from the СchipsТ of the stock market (such as Gazprom and Sberbank). Е Deteriorating sentiment in the world markets and further strengthening of the dollar after the publication of the U.S. data also contributed to the negative sentiment in the market,Ф Yegor Zhilnikov of PSB Bank said.

According to Yelena Kozhukhova of Veles Capital, moderate pessimism prevailed on global stock exchanges today, which had a negative impact on Russian assets. Nervousness concerning inflation risk still remains a major factor for the market, Kozhukhova said.

Alexandra Ovchinnikova of Sber Asset Management said that the Russian stock market demonstrated multidirectional dynamics, and remained highly volatile, as the Russian ruble remained under pressure due to geopolitical tensions and weak appetite of foreign investors, and stabilized under the level of 75 rubles per U.S. dollar.

Crude oil was losing 0.3% slightly above the U.S. $82 level as of mid-day, Dmitry Babin of BCS Investment Group said.

Below are the MOEX Russia IndexТs five most active stocks on Wednesday:

Company Change, % Last price, rbl Trading volume, bln rbl
Gazprom -1.87 335.37 29.479
Sberbank -1.91 320.6 23.846
Lukoil +0.13 6838.5 8.901
TCS Group -2.88 6845 5.867
Surgutneftegas +3.44 41.16 5.706

(74.8327 rubles Ц U.S. $1)


24.11.2021 19:42
Share |
To report an error select text and press Ctrl+Enter
Central Bank Official Rate
1W 1M 1Y
EUR 83.8105 -0.0249 03 dec
USD 74.0637 +0.0891 03 dec
Stock Market Indices
1D 1W 1M 1Y
micex 3946.32 -0.03 13:37 03 dec
Stock Quotes in RUR
1D 1W 1M 1Y
gazp 347.78 -0.72 13:21 03 dec
lkoh 6708.50 -0.35 13:21 03 dec
rosn 580.30 -0.29 13:21 03 dec
sber 323.14 -1.12 13:21 03 dec
MICEX Ruble Trading
1D 1W 1M 1Y
EURTD 83.1925 -0.4550 13:18 03 dec
USDTD 73.6375 +0.0075 13:18 03 dec