Russian stocks can grow as Putin, Biden can schedule summit - 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 grow as Putin, Biden can schedule summit

MOSCOW, Feb 21 (PRIME) -- The Russian stock market can open higher on Monday on the news that Russian President Vladimir Putin and his U.S. counterpart Joe Biden could meet, analysts said.

"The Beijing Olympic Games are over, and the geopolitical risks would have increase but for yesterday’s successful negotiations between the leaders of France and Russia. The president of France suggested a summit between Biden and Putin, and the idea was accepted," Univer Capital’s Andrei Vernikov said.

"This news cheered up the market, and the market trades in the positive territory in the morning. The fact that the U.S. market is closed for Presidents' Day also relieves the jitters," the analyst said.

Bogdan Zvarich, senior analyst at financial supermarket Banki.ru, said that the global market mood was mixed. The Asian markets lost 0.8%, while the key U.S. indices futures added about 0.5%, the closest  Brent futures lost 0.3% to U.S. $93.3 per barrel.

According to Vernikov, decline of the political risks has reduced the oil and gold prices. Besides, a high-ranking E.U. official said on February 18 that a nuclear deal with Iran was very close to signing.

End %%mk/jst%%

21.02.2022 09:26
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 61.2171 +0.2139 29 jul
USD 60.2031 -0.0167 29 jul
Stock Market Indices
1D 1W 1M 1Y
MICEX
micex 2189.16 -0.32 18:51 28 jul
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 196.24 -0.13 18:36 28 jul
lkoh 3847.50 0.00 18:53 28 jul
rosn 348.70 0.00 18:49 28 jul
sber 131.69 -0.61 18:36 28 jul
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 61.1000 +0.5550 14:59 28 jul
USDTD 60.8350 +0.9200 17:44 28 jul