MOSCOW, Jun 18 (PRIME) -- The Russian stock market may moderately decrease at the opening on Friday amid a mixed foreign background and falling oil prices, analysts said.
“We expect the MOEX Russia Index to open with a minimal change, or with a moderate decrease within 0.3%, in the range of 3,810–3,825 points. The nearest support levels will be again 3,800 and 3,780 points. The main resistance will be at 3,840 and 3,850 points,” Vitaly Manzhos, senior risk manager at investment company Algo Capital, said.
Before the start of trading in Russia, the U.S. stock index futures are growing within 0.2%, Brent oil futures fell 0.7%, China’s Shanghai Composite decreased 0.3%, and Japan’s Nikkei225 lost 0.1%, the analyst said.
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