Russian stock likely to make growth attempt at opening - 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

Russian stock likely to make growth attempt at opening

MOSCOW, Apr 12 (PRIME) -- The Russian stock and currency markets may edge up at opening on Thursday due to more or less calming global environment, but escalation of acute conflicts and strengthening geopolitical risks may trigger new waves of sales, experts said.

УThe U.S. Department of the Treasury is reportedly not supporting the idea of extending sanctions to RussiaТs sovereign debt while no decision on a military operation in Syria has been made yet. One can see a relative softening of the external background although geopolitical risks remain high,Ф Olma senior analyst Anton Startsev said.

All news on the conflict between Russia and the U.S. in Syria will influence the market greatly, Startsev added.

The RTS index and the currency market may rebound up at opening, he also said.

Sergei Korolyov, head of Zerich Capital ManagementТs sales department, agreed that the rubleТs prospects are determined by the development of the Syrian conflict.

УRussia vows to shoot down any and all missiles fired at Syria. Get ready Russia because they will be coming, nice and new and Уsmart!Ф the U.S. President Donald Trump said on his Twitter account on Wednesday, which made the ruble hit the lows of 65 rubles against the U.S. dollar and 80 ruble against the euro.

Further escalation may fire new waves of panic and sales in the ruble, Korolyov said.


12.04.2018 09:34
Share |
To report an error select text and press Ctrl+Enter
Central Bank Official Rate
1W 1M 1Y
EUR 72.1111 +0.3961 26 apr
USD 64.6794 +0.6996 26 apr
Stock Market Indices
1D 1W 1M 1Y
rtsi 1240.94 -0.40 10:36 26 apr
micex 2549.73 -0.44 10:36 26 apr
Stock Quotes in RUR
1D 1W 1M 1Y
gazp 158.90 -0.26 10:21 26 apr
lkoh 5600.50 -0.85 10:21 26 apr
rosn 431.25 -1.09 10:21 26 apr
sber 224.95 -1.25 10:21 26 apr
MICEX Ruble Trading
1D 1W 1M 1Y
EURTD 72.1300 +0.3300 14:59 26 apr
USDTD 64.7700 +0.5275 17:44 26 apr