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 75.1483 -0.0342 22 nov
USD 65.9485 +0.3614 22 nov
Stock Market Indices
1D 1W 1M 1Y
MICEX
rtsi 1125.08 +0.74 17:12 21 nov
micex 2350.98 +0.40 17:12 21 nov
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 152.25 +0.49 16:55 21 nov
lkoh 4828.50 +0.40 16:55 21 nov
rosn 413.75 +0.05 16:55 21 nov
sber 197.17 +1.52 16:55 21 nov
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 75.1800 +0.2075 14:59 21 nov
USDTD 65.7975 +0.0500 16:53 21 nov