Russian stocks can fall slightly on diplomatic, political issues - 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 slightly on diplomatic, political issues

MOSCOW, Mar 16 (PRIME) -- The Russian stock market will likely decrease slightly at the opening on Friday due to diplomatic and political conflicts affecting the mood of investors, analysts said.

УThe external background remains comparably unfavorable taking into account the influence of geopolitics and an emerging rise of the U.S. dollar,Ф Olma senior analyst Anton Startsev said.

Vitaly Manzhos, senior risk manager at investment company Nord Capital, said that a diplomatic conflict with France concerning the poisoning of former Russian spy Sergei Skripal, RussiaТs planned response to the expulsion of diplomats by the U.K. and extension of the U.S. blacklist including Russian officials and entities, as well as a statement that the U.S. sanctions concerning Crimea will remain in place, are extremely important to investors ahead of the Russian presidential elections.

He said that a Thursday rise in oil futures will limit the negative dynamics.

As a result, the MOEX Russia index will likely open with a small downward gap at 2,270Ц2,275, Manzhos said. The closest support levels are 2,260 and 2,250 and the resistance levels are 2,290 and 2,300.


16.03.2018 09:43
Share |
To report an error select text and press Ctrl+Enter
Central Bank Official Rate
1W 1M 1Y
EUR 75.2492 +0.2021 16 feb
USD 66.7044 +0.1615 16 feb
Stock Market Indices
1D 1W 1M 1Y
rtsi 1177.50 +1.83 18:50 15 feb
micex 2490.16 +1.19 18:50 15 feb
Stock Quotes in RUR
1D 1W 1M 1Y
gazp 159.04 +2.51 18:49 15 feb
lkoh 5426.00 +1.22 18:49 15 feb
rosn 403.50 +2.19 18:49 15 feb
sber 208.00 +1.75 18:49 15 feb
MICEX Ruble Trading
1D 1W 1M 1Y
EURTD 75.1800 -0.2300 14:59 15 feb
USDTD 66.5875 -0.3200 17:44 15 feb