Russian stocks may slightly fall amid negative background

MOSCOW, Feb 7 (PRIME) -- Russian stocks may slightly decrease at the opening on Friday amid a moderately negative foreign background, analysts said.

“The foreign background before the start of trading in Russia is moderately negative. Oil is still in plus, but Asian indices are trading in minus. The yen is also strengthening, as one of the indicators of weak risk appetites. Russian indices will likely start the day in a slight minus,” Otkritie Broker analyst Andrei Kochetkov said.

Olma senior analyst Anton Startsev said that a downward correction on the RTS index is possible at the start of trading following global indices.

The U.S. stock indices rose by 0.3–0.7%, the U.S. stock index futures are trading slightly below the level of Thursday’s close, European stock indices are trading in plus, while Asian indices are showing downward correction, the analyst said.

Investors will wait for the central bank’s decision on its key rate, among other events later in the day.

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