Russian stocks may grow backed by positive background, strong oil - 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 grow backed by positive background, strong oil

MOSCOW, Apr 17 (PRIME) -- The Russian stock market can open higher on Monday thanks to optimistic sentiments on the global stock exchanges and stable crude prices, analysts said.

УWe expect the Russian stock market to continue growth attempts at the beginning of the trading session. Positive sentiments on global stock exchanges and a stable situation on the energy market can trigger purchases in local shares,Ф senior analyst at financial supermarket Banki.Ru Bogdan Zvarich said.

As a result, the MOEX Russia Index can try to break through the 2,560 mark and reach last weekТs peaks, he added.

Zvarich said that the main Asian markets are adding up to 1.1%, and the core U.S. indices futures are rising by around 0.2%. The nearest Brent oil futures are consolidating at the level of the previous closing at around U.S. $86.3 per barrel.

Yevgeny Loktyukhov, head of PromsvyazbankТs research department, said that the ruble can weaken against the U.S. dollar to above 82 rubles, but is unlikely to consolidate at the level.

End

17.04.2023 09:45
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 104.3024 +0.2403 05 oct
USD 99.4555 +0.1878 05 oct
Stock Market Indices
1D 1W 1M 1Y
MICEX
micex 3154.97 +0.35 18:50 05 oct
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 165.50 -0.75 18:27 04 oct
lkoh 6740.00 -0.21 18:27 04 oct
rosn 543.10 +0.78 18:27 04 oct
sber 258.85 -0.31 18:27 04 oct
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 104.1000 +0.3475 14:59 04 oct
USDTD 99.6875 +0.4300 17:44 04 oct