Russian stocks can rise slightly as oil prices surge on Tue evening - 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 rise slightly as oil prices surge on Tue evening

MOSCOW, Jun 27 (PRIME) -- The Russian stock market can edge up on Wednesday at the start of the trading session thanks to the growth of oil futures the previous evening, analysts said.

УOn Wednesday morning the external situation looks neutral, the barrel rises a bit but remains in the well-known corridor of about U.S. $73Ц76, the MOEX Russia Index has a chance to start trading with an insignificant rise of 0.1Ц0.2% on average. But there will be no major growth without an external reason,Ф Alpari senior analyst Anna Bodrova said.

Vitaly Manzhos, senior risk manager at investment company Nord Capital, said that a moderately positive start of the trading session in Russia is possible as the U.S. stock market futures fell by up to 0.2%, the Brent futures grew by 0.3% in the morning after a strong rise on Tuesday in the evening, the gold futures lost 0.3%. The Nikkei 225 fell 0.2% and Hong KongТs Hang Seng 0.9%.

He said the MOEX Russia index can rise by about 0.4% to 2,240. The levels of 2,230 and 2,220 are seen as support and 2,250Ц2,260 as resistance.

Anton Startsev, a senior analyst at investment company Olma, said that the global market situation remains mixed and cannot launch an upward trend in Russia.

End

27.06.2018 09:24
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 71.5307 -0.2966 14 sep
USD 64.4711 -0.7198 14 sep
Stock Market Indices
1D 1W 1M 1Y
MICEX
rtsi 1385.53 +1.21 13:35 16 sep
micex 2818.07 +0.94 13:35 16 sep
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 233.79 +0.55 13:18 16 sep
lkoh 5524.00 +2.72 13:18 16 sep
rosn 423.85 +3.37 13:18 16 sep
sber 234.87 +0.80 13:18 16 sep
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 70.7725 -0.4500 13:18 16 sep
USDTD 64.0475 -0.2250 13:18 16 sep