Russian stocks may increase in line with foreign stock floors

MOSCOW, Jan 11 (PRIME) -- Russian stocks may increase at the opening on Friday supported by positive dynamics on foreign stock floors, analysts said.

“Prior to the opening of trading the foreign background remains quite favorable to provide support to quotations of Russian securities at the start of trading,” Olma senior analyst Anton Startsev said. “At the same time, the technical analysis data point to the possibility of suspension of growth around the level of 1,150 points at the RTS index.”

The U.S. stock index futures rose on average by 0.5%, the U.S. stock index futures are trading slightly below Thursday’s close. European stock indices also closed in plus, and Asian floors are also growing.

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