Russian stocks may grow on high oil, positive background - 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 on high oil, positive background

MOSCOW, Mar 27 (PRIME) -- Russian stocks may increase at the opening on Tuesday supported by high oil prices and a positive foreign background, analysts said.

УA positive foreign background has formed today before the opening of the Russian stock market, and dynamics on global stock floors will be the main reason for purchases,Ф Freedom Finance senior analyst Bogdan Zvarich said.

The U.S. stock index futures continue positive dynamics rising by 0.4%, JapanТs Nikkei225 is adding 2.5%, and ChinaТs Shanghai Composite is growing 1.1%, the analyst said.

The energy market, where the Brent oil price maintains the level of U.S. $70.3 per barrel, will also support Russian stocks.

УIn these circumstances, we expect a predominance of purchases in Russian shares at the start of trading, which will allow the MOEX Russia Index to win back part of yesterdayТs losses. The market will try to move up to 2,260Ц2,270 points,Ф Zvarich said.

Olma senior analyst Anton Startsev said that Уsome УreboundФ at the RTS index is possible today at the start of trading Ц softening of the foreign background can help to reduce speculative short positions. At the same time, main factors of risk remain in force, and a resumption of a steady growth on the market so far seems unlikely.Ф

End

27.03.2018 09:35
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 78.0753 +0.3224 22 sep
USD 66.2497 -0.2228 22 sep
Stock Market Indices
1D 1W 1M 1Y
MICEX
rtsi 1139.72 -0.08 15:11 21 sep
micex 2415.06 +0.59 15:11 21 sep
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 157.59 +2.10 14:57 21 sep
lkoh 4736.00 +0.74 14:57 21 sep
rosn 443.10 +1.00 14:57 21 sep
sber 192.11 +0.50 14:57 21 sep
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 78.0275 -0.1025 14:59 21 sep
USDTD 66.5250 -0.2275 17:44 21 sep