Russian stocks may fall dragged by oil prices, foreign floors - 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 fall dragged by oil prices, foreign floors

MOSCOW, May 23 (PRIME) -- Russian stocks may decrease at the opening on Wednesday dragged by oil price fall and a worsened foreign background, analysts said.

УWe expect the market to open with a decline of 0.3Ц0.4%. Later it is necessary to follow the U.S. market, which is waiting for hints on plans to raise the rate in the minutes of the May meeting of the Federal Reserve System,Ф Alor Broker analyst Alexei Antonov.

Brent oil price is losing 0.5% ahead of the Russian opening and may fall below U.S. $79 per barrel, he said.

Olma senior analyst Anton Startsev said that Уdownward correction on the RTS index is possible at the start of trading today under pressure of the foreign background. The situation on global stock floors has slightly worsened due to geopolitical risks.Ф

The U.S. stock indices lost 0.2Ц0.7%, the U.S. stock index futures are trading below the level of close, European indices closed with growth, and Asian floors are decreasing, he added.

Vitaly Manzhos, senior risk manager at investment company Nord Capital, expects the MOEX Russia Index to fall 0.7% at the opening.

The market will be affected by corporate events, including a financial report of mobile operator MTS, later in the day, Startsev said.

End

23.05.2018 09:31
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 72.6243 -0.2069 24 aug
USD 65.6046 -0.0150 24 aug
Stock Market Indices
1D 1W 1M 1Y
MICEX
rtsi 1268.45 -1.11 18:50 23 aug
micex 2660.74 -0.54 18:50 23 aug
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 229.35 -1.17 18:49 23 aug
lkoh 5183.50 -1.73 18:49 23 aug
rosn 405.60 -0.10 18:49 23 aug
sber 219.50 0.00 18:49 23 aug
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 72.6700 -0.4825 14:59 23 aug
USDTD 65.7350 -0.1625 17:44 23 aug