Russian stocks may ease at opening amid uncertain environment - 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 may ease at opening amid uncertain environment

MOSCOW, Jul 5 (PRIME) -- The Russian stock market may ease at opening and consolidate during the day on Thursday amid a moderately negative global background, analysts said.

“In the first minutes of trade the local market will likely price in the current worsening of external environment… We expect the MOEX Russia Index to edge down around 0.2% to 2,300 at opening… and come over to consolidation near the mark later in the day,” Vitaly Manzhos, senior risk manager at investment company Nord Capital, said.

Olma senior analyst Anton Startsev said that the RTS index is also likely to continue consolidation and that cues for higher investor activity may appear in the second half of the session when the U.S. releases employment and crude inventories statistics.

The U.S. benchmarks are demonstrating uncertain movement ahead of the release of the minutes from June’s meeting of the U.S. Federal Reserve’s Federal Open Market Committee (FOMC).

Manzhos added that the global background is seen as moderately negative.

Russian traders will also follow the decision of flagship airline Aeroflot’s board of directors on dividends of its subsidiaries.


05.07.2018 09:30
Share |
To report an error select text and press Ctrl+Enter
Central Bank Official Rate
1W 1M 1Y
EUR 77.7529 -0.6084 21 sep
USD 66.4725 -0.5373 21 sep
Stock Market Indices
1D 1W 1M 1Y
rtsi 1140.65 +0.58 18:50 20 sep
micex 2400.89 -0.15 18:50 20 sep
Stock Quotes in RUR
1D 1W 1M 1Y
gazp 154.35 -1.93 18:49 20 sep
lkoh 4701.00 -0.38 18:49 20 sep
rosn 438.70 +0.19 18:49 20 sep
sber 191.16 -1.41 18:49 20 sep
MICEX Ruble Trading
1D 1W 1M 1Y
EURTD 78.0275 -0.1025 14:59 20 sep
USDTD 66.7525 -0.6175 17:44 20 sep