Russian stocks may open with purchases following Monday’s closing

MOSCOW, Sep 13 (PRIME) -- The Russian stock market may start the day with purchases following the growth trend of the previous session, analysts said.

“Purchases may continue to prevail at the Russian stock market today. Improvement of investors’ attitude to risky assets on the global market and higher oil prices seen at the previous sessions will support the Russian stocks,” Bogdan Zvarich, senior analyst at financial platform Banki.ru, said.

“We expect mixed dynamics. It is not ruled that some players will choose to take profit if the MOEX Russia Index starts to approach 2,500 points,” Georgy Vashchenko, deputy director of Freedom Finance’s analytical department, said.

The current state of the external background is “unclear or close to neutral,” Vitaly Manzhos, senior risk manager at investment company Algo Capital, said.

China’s Shanghai Composite increased 0.1% and Japan’s Nikkei225 increased 0.5% before the start of trading in Russia. The futures of the U.S. main stock indices are rising within 0.1%. The futures on Brent oil fell 0.2%.

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