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Russian stocks may moderately change on mixed background

MOSCOW, Apr 7 (PRIME) -- The Russian stock market is projected to change moderately at the opening on Wednesday 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 3,485–3,505 points. The nearest support levels will be 3,480 and 3,460 points. The main resistance will be 3,520 and 3,540 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 changing within 0.1%, Brent oil futures added 0.2%, China’s Shanghai Composite fell 0.5%, and Japan’s Nikkei225 rose 0.1%.

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07.04.2021 09:30