Russian stocks likely to open flat due to dull global market mood - 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 likely to open flat due to dull global market mood

MOSCOW, Feb 20 (PRIME) -- The Russian stock market is to open and trade flat on Tuesday because of a lack of drivers, analysts said.

УThe external background gives no impetus for heavy market movements. At the same time, some corporate events may cause a favorable reaction. There is a report about GazpromТs board of directors meeting on March 5 to discuss a share buyback,Ф Olma senior analyst Anton Startsev said.

Oleg Shagov, head of investment company SolidТs research department, agreed that the global background looks mixed and is likely to have a neutral impact on the local indices.

Shagov expects the MICEX to open almost unchanged from MondayТs closing of 2,255 and to consolidate during the day unless new drivers appear.

The Brent oil price is fluctuating in a $65.4-65.5 range awaiting fresh U.S. inventories statistics from the American Petroleum Institute (API).

The core U.S. benchmarks futures are seen flat and the Asian markets are mixed. The European market will unlikely demonstrate a strong movement at opening as well.

Russian traders may follow IFRS financial results for 2017 of steelmaker Novolipetsk Steel (NLMK) and decisions made by an extraordinary meeting of shareholders of container shipping company TransContainer.

End

20.02.2018 09:23
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 76.1350 -0.8148 17 jan
USD 66.7617 -0.3203 17 jan
Stock Market Indices
1D 1W 1M 1Y
MICEX
rtsi 1152.99 +0.43 18:50 16 jan
micex 2434.60 -0.20 18:50 16 jan
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 156.90 -0.79 18:49 16 jan
lkoh 5129.00 -1.27 18:49 16 jan
rosn 421.00 -0.79 18:49 16 jan
sber 201.26 +1.65 18:49 16 jan
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 75.9800 -0.6975 14:59 16 jan
USDTD 66.4700 -0.5400 17:44 16 jan