Russian stocks ease prior to US Federal Reserve meeting - 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 ease prior to US Federal Reserve meeting

MOSCOW, Jun 17 (PRIME) -- The Russian stock market increased in the first part of the day on Monday, but failed to consolidate at the level as investors are careful prior to the U.S. Federal Reserve meeting scheduled for Wednesday, analysts said.

The MOEX Russia Index fell 0.18% to 2,734.31 and the RTS eased 0.01% to 1,340.90.

УThe Russian stock market failed to consolidate in the green territory (following a rise in the first part of the session), which may point to a threat of further correctionЕ From the fundamental point of view, the market is running around in circles with humble growth attempts,Ф Veles Broker analyst Yelena Kozhukhova said.

Bulls still hope to get profit and have not started profit-taking yet thanks to a stable foreign background. Investors are waiting for a further monetary policy decision of the U.S. Federal Reserve, whose meeting is slated for Wednesday, she added.

Power company Inter RAO was again among the top performers on high dividend hopes, adding 5.95% to 4.73 rubles.

Steel giant Severstal was among the biggest losers sliding 5.48% to 1,059.6 rubles following the ex-dividend date.

Below are the MOEX Russia IndexТs five most active stocks on Monday:

Company Change, % Last price, rbl Trading volume, bln rbl
Sberbank -0.42 237.8 8.036
Gazprom -0.73 229.81 7.489
Lukoil +0.22 5190 4.035
ALROSA +2.15 86.93 2.817
Rosneft +0.02 408.1 2.142

(64.4326 rubles Ц U.S. $1)


17.06.2019 19:27
Share |
To report an error select text and press Ctrl+Enter
Central Bank Official Rate
1W 1M 1Y
EUR 89.6637 -0.3181 26 sep
USD 76.8195 -0.3585 26 sep
Stock Market Indices
1D 1W 1M 1Y
rtsi 1187.18 -0.72 17:04 24 sep
micex 2910.99 -0.19 17:04 24 sep
Stock Quotes in RUR
1D 1W 1M 1Y
gazp 177.00 -1.12 23:49 24 sep
lkoh 4456.00 -1.61 23:49 24 sep
rosn 370.75 -1.08 23:49 24 sep
sber 228.50 -0.60 23:49 24 sep
MICEX Ruble Trading
1D 1W 1M 1Y
EURTD 89.7700 +0.5500 14:59 24 sep
USDTD 76.8125 +0.6125 17:44 24 sep