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 75.5358 -1.2198 16 nov
USD 66.6159 -1.3816 16 nov
Stock Market Indices
1D 1W 1M 1Y
MICEX
rtsi 1131.13 +1.24 18:50 15 nov
micex 2381.45 +0.12 18:50 15 nov
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 154.14 +1.51 18:49 15 nov
lkoh 4854.00 -0.05 18:49 15 nov
rosn 424.25 -0.68 18:49 15 nov
sber 200.15 +0.48 18:49 15 nov
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 75.2000 -1.2400 14:59 15 nov
USDTD 66.6000 -0.4600 17:44 15 nov