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.

End

06.04.2018 09:04
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 78.0753 +0.3224 22 sep
USD 66.2497 -0.2228 22 sep
Stock Market Indices
1D 1W 1M 1Y
MICEX
rtsi 1149.53 +0.78 18:50 21 sep
micex 2426.80 +1.08 18:50 21 sep
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 158.64 +2.78 18:49 21 sep
lkoh 4737.50 +0.78 18:49 21 sep
rosn 440.40 +0.39 18:47 21 sep
sber 193.44 +1.19 18:49 21 sep
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 78.0275 -0.1025 14:59 21 sep
USDTD 66.5250 -0.2275 17:44 21 sep