Russian stocks may fall on low oil, negative foreign background
MOSCOW, Nov 27 (PRIME) -- Russian stocks may decrease at the opening on Friday pushed down by falling oil prices and an overall negative foreign background, analysts said.
“A downward correction is possible today at the start of trading under the influence of external factors,” investment company Olma’s senior analyst Anton Startsev said.
Brent oil futures are sliding to U.S. $45 per barrel on the back of Libya’s statement about plans to increase production, Oleg Shagov, head of the research department at investment company Solid, said.
U.S. stock index futures are under pressure, main Asian stock indicators are demonstrating mostly negative dynamics on reports about a reduced profit of Chinese industrial enterprises.
Investors will be focused on Russia’s economic retaliatory measures against Turkey, which can hurt financial results of some Russian companies, Shagov said.
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