Russian stocks may rise on positive background, growing oil

MOSCOW, Feb 19 (PRIME) -- Russian stocks are expected to grow at the opening on Wednesday amid a positive foreign background and rising oil prices, analysts said.

“On the whole, the foreign background before the opening of our trading is positive: the U.S. futures are adding 0.25%, oil prices are rising 1%. That’s why we expect the MOEX Russia Index to open with growth within 0.5%,” Alor Broker analyst Alexei Antonov said.

Olma senior analyst Anton Startsev said that downward correction on the RTS Index may suspend at the start of trading on Wednesday.

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