Russian stocks may moderately change on mixed background

MOSCOW, Jul 2 (PRIME) -- The Russian stock market may moderately change at the opening on Friday amid a mixed foreign background, analysts said.

“We expect the MOEX Russia Index to open with a moderate change within 0.1–0.3%, in the range of 3,850–3,870 points. The nearest support levels will be 3,840 and 3,820 points. The main resistance will be at 3,880 and 3,400 points,” Vitaly Manzhos, senior risk manager at investment company Algo Capital, said.

Before the start of trading in Russia, the U.S. stock index futures are demonstrating moderate mixed dynamics within 0.2%, Brent oil futures are balancing on the verge of positive and negative changes, China’s Shanghai Composite edged down by 1.8%, and Japan’s Nikkei225 rose by 0.3%, the analyst said.

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