Russian stocks close mixed pressured by weakening oil, ruble
MOSCOW, Apr 20 (PRIME) -- The Russian stock market consolidated within a narrow range during the day to close mixed on Friday amid a controversial foreign background including weakening oil prices, analysts said.
The MOEX Russia Index grew 0.09% to 2,232.66 and the RTS fell 0.68% to 1,145.80.
УThe Russian stock marketЕ declined as it priced in weakening of the ruble against the U.S. dollar on the back of downward correction on the oil market to around U.S. $73 per barrel of the Brent oil price,Ф Forex Club analyst Ivan Marchena said.
The oil market reacted to the recent statement of the U.S. President Donald Trump that OPEC drives oil prices higher artificially, Marchena added.
The worldТs key stock markets were seen mixed, he also said.
Power producer En+ Group included in a new set of U.S. sanctions earlier in April was the biggest faller losing 16.9% to 349 rubles.
Grocery retailer Magnit sagged 1.95% to 4,825 rubles after it released an IFRS report for January-March marking a 1.8% decline in the net profit.
Below are the MOEX Russia IndexТs five most active stocks on Friday:
|Company||Change, %||Last price, rbl||Trading volume, bln rbl|
(60.8583 rubles Ц U.S. $1)