Russian stocks may rise on oil price rebound, foreign background - 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 on oil price rebound, foreign background

MOSCOW, Aug 16 (PRIME) -- Russian stocks may increase at the opening on Thursday amid a resumed oil price growth and a moderately favorable foreign background, analysts said.

УWe expect the MOEX Russia Index to open with a noticeable increase of around 0.5%, around the level of 2,280 points. The nearest support levels will again be 2,260 and 2,250 points. The main resistance will remain at 2,290 and 2,300 points,Ф 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 growing 0.5%, Brent oil futures added 0.65%, JapanТs Nikkei225 is balancing on the verge of positive and negative deviation, and Hong KongТs Hang Seng lost 0.4%, the analyst said.

Olma senior analyst Anton Startsev said that consolidation in the area above 1,050 points on the RTS index is possible in the short term. УThe suspension of the weakening of the Turkish lira and the announcement of a forthcoming visit of ChinaТs deputy minister of commerce to the U.S. for talks contribute to easing investor fears regarding emerging markets, while currently available information on possible U.S. sanctions against Russia has mostly been taken into account in quotations of high liquidity securities,Ф he said.


16.08.2018 09:24
Share |
To report an error select text and press Ctrl+Enter
Central Bank Official Rate
1W 1M 1Y
EUR 71.9232 -0.3208 20 apr
USD 63.9602 -0.1086 20 apr
Stock Market Indices
1D 1W 1M 1Y
rtsi 1260.82 -0.12 18:50 19 apr
micex 2563.90 +0.12 18:50 19 apr
Stock Quotes in RUR
1D 1W 1M 1Y
gazp 162.57 +0.48 18:49 19 apr
lkoh 5602.00 -0.14 18:48 19 apr
rosn 432.00 -0.84 18:49 19 apr
sber 232.60 -0.08 18:49 19 apr
MICEX Ruble Trading
1D 1W 1M 1Y
EURTD 71.9125 -0.2875 14:59 19 apr
USDTD 64.0125 +0.0400 17:44 19 apr