Russian stocks fall on low trading volume ahead of new sanctions - 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 fall on low trading volume ahead of new sanctions

MOSCOW, May 6 (PRIME) -- The Russian stock market edged down on Friday with light investorsТ activity thanks to remaining geopolitical risks and anticipation of new sanctions, analysts said.†

The MOEX Russia Index dropped 0.49% to 2,393.03 and the RTS decreased 2.85% to 1,088.02.

УThe Russian stock market finished the day with a decrease of both indices as there are no external or internal reasons for any advance,Ф Veles Broker analyst Yelena Kozhukhova said.

Negative sentiments prevailed on the global stock exchanges, while the U.S. market tried to recover, she added. The mood on the Russian stock market looked cautious on Friday ahead of the lengthy weekend, because the E.U. and the G7 can announce new anti-Russian sanctions early next week.

Alexei Golovinov, chief analyst at PSB Bank, said that a lack of ideas, remaining sanctions risks, a negative foreign background and a short working week resulted in extremely low investorsТ activity with a trading volume of around 17 billion rubles.

Kozhukhova said that banking group TCS, gold producer Petropavlovsk, shipping operator Sovcomflot and oil company Gazprom Neft were among the worst performers.

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

Company Change, % Last price, rbl Trading volume, bln rbl
Gazprom +0.63% 240.1 4.300
Sberbank -1.36% 123.1 3.759
Lukoil -0.84% 4,635.5 1.744
Norilsk Nickel +1.03% 21,766 933
Novatek -2% 989 837

(66.2378 rubles Ц U.S. $1)

End

06.05.2022 19:47
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 61.2171 +0.2139 29 jul
USD 60.2031 -0.0167 29 jul
Stock Market Indices
1D 1W 1M 1Y
MICEX
micex 2189.16 -0.32 18:51 28 jul
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 196.24 -0.13 18:36 28 jul
lkoh 3847.50 0.00 18:53 28 jul
rosn 348.70 0.00 18:49 28 jul
sber 131.69 -0.61 18:36 28 jul
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 61.1000 +0.5550 14:59 28 jul
USDTD 60.8350 +0.9200 17:44 28 jul