Russian stocks can fall on US trade wars, sanctions threats - 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 stocks can fall on US trade wars, sanctions threats

MOSCOW, Apr 6 (PRIME) -- The stock market will likely fall at Friday's opening over investor concerns about trade wars between the U.S. and China and a possible introduction of U.S. sanctions against the Russian businessmen, analysts said.

УThe morning sales of the S&P Index (by 0.9% during premarket trade) and a decline of oil quotations create a melancholic mood before the start of the Russian session on Friday,Ф Alpari senior analyst Anna Bodrova said.

УThe global capital markets which have just calmed down about the problems in relations between the U.S. and China are again possessed by fear.Ф

Vitaly Manzhos, a senior risk manager at investment company Nord Capital, said that investors are also waiting for the U.S. to introduce sanctions against Russian businessmen, which is another negative factor for the local market.

Bodrova said that as a result, the Russian benchmarks will likely open with a 0.1Ц0.3% downward gap, while assets, which did not grow on Wednesday and Thursday, may increase on Friday. The MOEX Russia Index can consolidate at 2,270Ц2,300 and the RTS Index at 1,245Ц1,260.

Manzhos said that a release of U.S. statistics can influence the Russian market to a certain extent later on Friday.


06.04.2018 09:04
Share |
To report an error select text and press Ctrl+Enter
Central Bank Official Rate
1W 1M 1Y
EUR 70.7941 +0.1873 20 jul
USD 62.8666 +0.0380 20 jul
Stock Market Indices
1D 1W 1M 1Y
rtsi 1350.69 +0.07 18:50 19 jul
micex 2700.57 -0.07 18:50 19 jul
Stock Quotes in RUR
1D 1W 1M 1Y
gazp 216.00 -1.05 18:49 19 jul
lkoh 5200.50 +0.67 18:49 19 jul
rosn 420.45 +0.83 18:47 19 jul
sber 232.85 -0.82 18:48 19 jul
MICEX Ruble Trading
1D 1W 1M 1Y
EURTD 70.6200 +0.1800 14:59 19 jul
USDTD 63.0300 +0.1575 17:44 19 jul