Russia stocks may open neutrally on mixed foreign background

MOSCOW, Apr 2 (PRIME) -- Russian stocks may open neutrally on Tuesday amid a mixed foreign background, analysts said.

“We expect a neutral opening of the MOEX Russia Index with an insignificant change within 0.1–0.3%, near the level of 2,520 points. The nearest support will be at levels of 2,510 and 2,500 points. The main resistance will be at 2,530 and 2,540 points,” Vitaly Manzhos, senior risk manager at investment company Algo Capital, said.

Before the start of trading in Russia, the U.S. stock index futures are demonstrating a small decline within 0.1%. Brent oil futures rose 0.2%. Japan’s Nikkei225 added 0.1%, and Hong Kong’s Hang Seng increased 0.1%.

End