Russian stocks may rise backed by oil price growth - 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 rise backed by oil price growth

MOSCOW, Feb 15 (PRIME) -- Russian stocks may increase at the opening on Thursday backed by high oil prices, but the growth could be limited by expectations of new U.S. sanctions, analysts said.

УWe expect the Russian stock market to open with an upward gap to around 2,265Ц2,270 points at the MOEX Russia Index, assuming that this stock indicator is capable of continuing growth amid a favorable foreign background,Ф Oleg Shagov, head of the investment company SolidТs research department, said. On Wednesday, the MOEX Russia Index closed at 2,257.95.

The market growth could be limited by the U.S. Treasury Secretary Steven MnuchinТs promise to introduce new sanctions against Russia soon.

The foreign background is positive prior to the opening of trading in Russia, Shagov said.

Brent oil futures are moving to U.S. $65 per barrel supported by Saudi ArabiaТs announced intention to reduce oil production and exports in March to cut excessive offer on the market.

The leading U.S. stock index futures are growing, while main Asian stock indicators are mostly demonstrating positive dynamics.

Investors will follow publication of financial results by Polyus, Yandex, Cherkizovo, and AvtoVAZ, as well as news from the Russian Investment Forum that opens in the Black Sea resort of Sochi.


15.02.2018 09:27
Share |
To report an error select text and press Ctrl+Enter
Central Bank Official Rate
1W 1M 1Y
EUR 69.8608 -0.5663 14 dec
USD 62.5544 -0.6713 14 dec
Stock Market Indices
1D 1W 1M 1Y
rtsi 1501.42 +0.30 18:50 13 dec
micex 2996.63 +0.46 18:50 13 dec
Stock Quotes in RUR
1D 1W 1M 1Y
gazp 249.50 -0.39 18:49 13 dec
lkoh 6168.00 +0.52 18:49 13 dec
rosn 451.10 -0.38 18:48 13 dec
sber 241.21 +0.07 18:49 13 dec
MICEX Ruble Trading
1D 1W 1M 1Y
EURTD 69.7250 -0.5800 14:59 13 dec
USDTD 62.7300 -0.1900 17:44 13 dec