Russian stocks may fall in line with global floors, oil prices

MOSCOW, Jul 8 (PRIME) -- Russian stocks may decrease at the opening on Wednesday amid moderately negative dynamics of global floors and falling oil prices, analysts said.

The U.S. stock indices fell 0.9–1.5%, the U.S. stock index futures are trading above the level of Tuesday’s close, European indices closed in minus, while Asian indices are showing mixed dynamics, Olma senior analyst Anton Startsev said.

“Consolidation on the RTS index is still a relevant scenario. At the global stock exchanges, there has been a decrease in buyer activity, as investors are not sure that the further growth of quotations will be justified by the dynamics of issuers’ financial indicators,” he said.

Promsvyazbank chief analyst Bogdan Zvarich said that the Brent oil price is making an attempt to descend below U.S. $43 per barrel.

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