Russian stocks fall in line with oil prices, weak ruble
MOSCOW, Apr 2 (PRIME) -- Russian stocks decreased on Monday after morning growth in line with falling oil prices and a depreciated ruble, analysts said.
The MOEX Russia Index fell 0.63% to 2,256.64 and the RTS decreased 1.23% to 1,234.06.
УThe Russian stock market lost growth of the first half of trading by the end of session on Monday. The reason for the predominance of sales in the second half of the day was dynamics on the energy market, where Brent oil futures could not hold the positions under U.S. $70, moving back to the level of $68.7 per barrel,Ф Freedom Finance senior analyst Bogdan Zvarich said.
Negative sentiment was added by a fall in the U.S. indices after long holidays, with Dow Jones losing 0.8% and S&P500 shrinking by 1.2%, the analyst said.
Shares of Far-Eastern Shipping Company (FESCO), part of Summa Group, dropped 21.72% on arrest of the groupТs owner Ziyavudin Magomedov.
Shares of Novorossiysk Commercial Sea Port (NCSP) lost 1.61% after reporting a decrease in 2017 net profit.
Below are the MOEX Russia IndexТs five most active stocks on Monday:
|Company||Change, %||Last price, rbl||Trading volume, bln rbl|
(57.2649 rubles Ц U.S. $1)