Russian stocks may open mildly higher amid mixed foreign environ

MOSCOW, Oct 1 (PRIME) -- The Russian stock market may edge up slightly at the opening on Tuesday, but a confident growth is unlikely as the global environment looks uncertain, analysts said.

“The external background is neutral ahead of the Russian stock market’s opening. China’s indices are mixed, crude is slightly higher, which is unlikely to help the MOEX Russia Index to start confidently,” Vadim Kravchuk, analyst at investment company Solid, said.

The global agenda is still weak so the markets do not seem to be returning to a stable growth, he added.

Otkritie Broker analyst Andrei Kochetkov said that the foreign environment is mildly positive so the Russian stock market may open with a marginal growth.

In Russia, investors may be interested in news from the St. Petersburg International Gas Forum and a meeting of the Valdai Discussion Club.

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