Day off on global exchanges to make Russian stocks consolidate - News Archive - 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

Day off on global exchanges to make Russian stocks consolidate

MOSCOW, Jun 9 (PRIME) -- The Russian stock market may open mixed and consolidate during the day in thin trading thanks to a day off on the stock exchanges worldwide, analysts said on Saturday.

УWe do not expect any significant motion on the market today as it is a day off abroad. We will see a decline in non-resident operations and a thin information flow. It may be enhanced by news from the G7 Summit held now,Ф Olma senior analyst Anton Startsev said.

He also said that the G7 leaders are far from agreement on the key issues including the issue of mutual trade barriers.

Vitaly Manzhos, senior risk manager at investment company Nord Capital, said that the MOEX Russia Index may edge up slightly at opening to around 2,270Ц2,275, then reach 2,290 and consolidate around the mark in thin trading.

Startsev added that the technical analysis points to the possibility of a downward trend of the RTS index after consolidation below a 1,150Ц1,170 range.

Russian investors will also track news from a summit of the Shanghai Cooperation Organization comprising Russia, China, Kazakhstan, Tajikistan, Kyrgyzstan and Uzbekistan, which is currently held in China.

End

09.06.2018 09:27
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 75.1825 -0.1393 21 nov
USD 65.5871 -0.4210 21 nov
Stock Market Indices
1D 1W 1M 1Y
MICEX
rtsi 1130.36 -0.47 14:07 20 nov
micex 2358.45 -0.65 14:07 20 nov
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 152.93 -0.76 13:52 20 nov
lkoh 4782.50 -1.30 13:52 20 nov
rosn 414.40 -2.29 13:52 20 nov
sber 196.86 -0.57 13:52 20 nov
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 75.0825 -0.1675 13:48 20 nov
USDTD 65.6850 -0.2400 13:48 20 nov