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Russian stocks may fall amid negative foreign background

MOSCOW, Jun 28 (PRIME) -- Russian stocks may decrease at the opening on Friday amid a moderately negative foreign background, analysts said.

“We expect the MOEX Russia Index to open with a moderate decrease of around 0.3%, near the level of 2,770 points. The nearest support levels will be 2,760 and 2,750 points. Main resistance will be at 2,790 and 2,800 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 demonstrating mixed dynamics, Brent oil futures lost 0.4%, China’s Shanghai Composite fell 0.9%, and Japan’s Nikkei225 edged down 0.6%, the analyst said.

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28.06.2019 09:17