Russian stocks sag hit by investor wariness over rising tensions - 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 sag hit by investor wariness over rising tensions

MOSCOW, Mar 14 (PRIME) -- Mounting political tensions between Russia and Western states drove the Russian stock market down on Wednesday, analysts said.

The MOEX Russia Index dropped 1.9% to 2,275.24 and the RTS fell 2.69% to 1,251.19.

УSales in Russian stocks have evidently started and tend to strengthen. Speculations about new sanctions from concurrently the United States, Britain and even Europe are the main reason for the warinessЕ The sooner Russian presidential elections are the higher the pressure is,Ф Vasily Oleinik, investment company Finam analyst, said.

He added that earlier in March the E.U. prolonged sanctions against local companies and individuals for six months and that CIA director Mike Pompeo, who is even more unfriendly to Russia than his predecessor, has taken the position of the U.S. State Secretary.

Otkritie Broker analyst Andrei Kochetkov said that GermanyТs new plan to diversify gas purchases drove shares of Gazprom and Novatek down 2.77% to 138.8 rubles and 0.67% to 726.7 rubles, respectively.

Kochetkov added that all blue chips fell, including top bank Sberbank, which sank by 4.18% to 262.5 rubles and Norilsk Nickel that decreased by 1.98% to 10,881 rubles.

Below are the MOEX Russia IndexТs five most active stocks on Wednesday:

Company Change, % Last price, rbl Trading volume, bln rbl
Sberbank -4.18% 262.5 16.544
Gazprom -2.77% 138.8 4.460
Aeroflot -1.28% 161.6 2.481
Norilsk Nickel -1.98% 10881 2.316
Magnit -1.58% 4970 2.020

(56.9359 rubles Ц U.S. $1)


14.03.2018 19:16
Share |
To report an error select text and press Ctrl+Enter
Central Bank Official Rate
1W 1M 1Y
EUR 71.5307 -0.2966 14 sep
USD 64.4711 -0.7198 14 sep
Stock Market Indices
1D 1W 1M 1Y
rtsi 1365.60 +0.33 18:40 13 sep
micex 2786.22 -0.49 18:40 13 sep
Stock Quotes in RUR
1D 1W 1M 1Y
gazp 231.60 -0.55 16:49 13 sep
lkoh 5351.50 -1.44 16:49 13 sep
rosn 409.55 -0.61 16:49 13 sep
sber 232.92 -0.70 16:49 13 sep
MICEX Ruble Trading
1D 1W 1M 1Y
EURTD 71.1700 -0.6750 14:59 13 sep
USDTD 64.8000 -0.6025 17:44 13 sep