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Russian stocks may fall in line with global floors

MOSCOW, Oct 30 (PRIME) -- Russian stocks may decrease at the opening on Friday following a decline of global floors, analysts said.

“Today, at the beginning of trading, a resumption of decline on the RTS index is possible following global stock indices – uncertainty about the stability of financial indicators of high-tech sector companies was added to fears related to the pandemic and restrictive measures after Apple reported a 29% drop in quarterly revenue in China,” Olma senior analyst Anton Startsev said.

Before the start of trading in Russia, the U.S. stock indices rose 0.5–1.6%, the U.S. stock index futures are trading below the level of Thursday’s close, European indices slightly fell, and Asian indices are mainly in minus.

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30.10.2020 09:37