Russian stocks may open neutrally amid mixed background

MOSCOW, Mar 7 (PRIME) -- Russian stocks may open neutrally on Thursday amid a mixed foreign background, analysts said.

“We expect the MOEX Russia Index to open neutrally with an insignificant change of 0.3%, around the mark of 2,495 points. The nearest support levels will be 2,480 and 2,470 points. The main resistance will be at 2,500 and 2,510 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 a moderate mixed deviation within 0.2%, Brent oil futures grew 0.2%, gold futures lost 0.2%, Japan’s Nikkei225 fell 0.8%, and Hong Kong’s Hang Seng also lost 0.8%, the analyst said.

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