Russian stocks may moderately grow backed by oil prices - 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 moderately grow backed by oil prices

MOSCOW, May 22 (PRIME) -- Russian stocks may increase at the opening on Tuesday amid moderate oil price growth and a mixed foreign background, analysts said.

УWe expect a moderately positive opening of the MOEX Russia Index with an increase of around 0.3%, around 2,340 points,Ф Vitaly Manzhos, senior risk manager at investment company Nord Capital, said. Brent oil futures added 0.2% before the opening, he said.

The U.S. stock indices fell 0.5Ц1.2%, the U.S. stock index futures are trading slightly above the closing level, European indices closed mixed, and there is some downward correction on Asian indices, Olma senior analyst Anton Startsev said.

УFrom the position of technical analysis, consolidation of the RTS index in the range of 1,170Ц1,200 points remains a relevant scenario in the short-term,Ф Startsev said. Oil price growth stalled after reaching U.S. $80 per barrel, and the situation on foreign stock floors does not give reasons for noticeable movements.

Georgy Vashchenko, director of operations on the Russian stock market at investment company Freedom Finance, said he expects mixed dynamics on Tuesday amid a lack of major events. The MOEX Russia Index range is expected at 2,330Ц2,360 points, he said.

End

22.05.2018 09:38
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 75.5541 +0.0060 23 jan
USD 66.5499 +0.1865 23 jan
Stock Market Indices
1D 1W 1M 1Y
MICEX
rtsi 1165.33 -0.49 14:05 22 jan
micex 2461.37 -0.28 14:05 22 jan
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 157.72 -0.37 13:49 22 jan
lkoh 5200.00 0.00 13:49 22 jan
rosn 415.95 -1.50 13:49 22 jan
sber 206.90 -0.13 13:49 22 jan
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 75.5600 +0.0500 13:48 22 jan
USDTD 66.5025 +0.1800 13:48 22 jan