Russian stocks increase on positive geopolitical background - 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 increase on positive geopolitical background

MOSCOW, Feb 9 (PRIME) -- The Russian stock market closed with a significant increase on Wednesday, supported by positivity in the global geopolitical arena, analysts said.

The MOEX Russia Index grew 2.46% to 3,638.93 and the RTS increased 3.06% to 1,534.82.

УAll the positivity was based on the improved geopolitical background after the talks between the presidents of Russia and France. The correction in oil is not deepening and prices remain in the area of seven-year highs for a barrel of Brent, which is also good news for buyers,Ф Vladislav Silayev of Alfa Capital said.

According to Yevgeny Linchik of Sber Asset Management, political calm helped investors gain some appetite for risk, which proved helpful for the Russian stock marketТs dynamics.

As Yelena Kozhukhova of Veles Capital said that so far, the short-term situation has remained favorable for buyers.

The global stock markets were dominated by positive sentiment, which also supported the stock market, Yegor Zhilnikov of PSB Bank said. The mining and metallurgy sector demonstrated strong dynamics, and fertilizers producer PhosAgro performed well on news of high 2021 dividends.

The shares of Raspadskaya, TCS Group, Detsky Mir and Mechel lead the growth list on Wednesday, gaining from 5.71% to 8.81%, while CIAN, TMK, Beluga and LSR were losing from 0.57% to 1.87%, Silayev said.

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

Company Change, % Last price, rbl Trading volume, bln rbl
Sberbank +3.55 279.37 50.426
Gazprom +1.18 335.63 19.804
Lukoil +0.74 7009 9.903
TCS Group +11.89 5670 7.074
Norilsk Nickel +1.9 22798 6.678

(75.3042 rubles Ц U.S. $1)

End

09.02.2022 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