MOSCOW, Jun 2 (PRIME) -- The Russian stock market is expected to open higher on Wednesday amid mixed dynamics of global floors and oil price growth, analysts said.
“We expect the MOEX Russia Index to open with an increase within 0.1–0.4%, in the range of 3,770–3,780 points. The nearest support levels will be 3,760 and 3,750 points. The main resistance will be 3,790 and 3,800 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 rising within 0.1%, Brent oil futures added 0.6%, China’s Shanghai Composite lost 0.7%, and Japan’s Nikkei225 added 0.5%, the analyst said.
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