Russian stocks may open flat on lack of strong drivers - 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 open flat on lack of strong drivers

MOSCOW, Mar 15 (PRIME) -- Russian stocks may open neutrally on Thursday amid a moderate growth of oil prices and a lack of strong drivers, analysts said.

УWe expect a neutral start of trading in Russia with an insignificant change at the MOEX Russia Index, around 2,275 points,Ф Vitaly Manzhos, senior risk manager at investment company Nord Capital, said. The nearest support levels will be 2,260 and 2,250 points, while 2,290 and 2,300 will act as resistance.

After the neutral opening, the MOEX Russia Index may make attempts to restore to the range of 2,280Ц2,290 points, while the foreign background does not so far create conditions for an active game to raise Russian shares, Manzhos said.

Olma senior analyst Anton Startsev said that downward correction at the RTS index can deepen at the start of trading, as geopolitical risks and uncertainty connected with the U.S. economic policy remain.

Among other corporate events, investors will follow publication of financial results by uncut diamond giant ALROSA and mobile operator MegaFon, Startsev said.

End

15.03.2018 09:18
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 76.0926 +0.2850 13 nov
USD 67.5238 +0.6741 13 nov
Stock Market Indices
1D 1W 1M 1Y
MICEX
rtsi 1114.75 -0.59 18:50 12 nov
micex 2393.81 -0.40 18:50 12 nov
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 150.89 -1.50 18:49 12 nov
lkoh 5129.00 +0.68 18:49 12 nov
rosn 463.50 -1.09 18:49 12 nov
sber 196.82 +0.55 18:49 12 nov
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 76.2550 -0.1300 14:59 12 nov
USDTD 67.4300 +1.0275 17:44 09 nov