Russian stocks dragged down by negative global background
MOSCOW, Sep 23 (PRIME) -- The Russian stock market edged down on Monday following the downward dynamics of global stock exchanges and weak crude prices, analysts said.
The MOEX Russia Index lost 0.39% to 2,785.46 and the RTS fell 0.28% to 1,373.49.
УThe Russian stock market continued downward correction, which began last week, on Monday, thanks to a negative foreign background. Russian stocks were pressured by the energy market environment with the Brent oil price losing around 0.5% and by the dynamics of the Western floors,Ф senior analyst at Promsvyazbank Bogdan Zvarich said.
The European stock indices lost around 1.2% and the major U.S. benchmarks fell 0.2% by the end of the Russian stock market's session, he added.
Otkritie Broker analyst Andrei Kochetkov said that the European market was discouraged by a continuing decline of GermanyТs production activity.
Fertilizer producer PhosAgro, gold producer Polyus and power holding Inter RAO were among the biggest losers sliding over 1.5%.
Below are the MOEX Russia IndexТs five most active stocks on Monday:
|Company||Change, %||Last price, rbl||Trading volume, bln rbl|
(63.8487 rubles Ц U.S. $1)