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Russian stocks seen close to neutral amid mixed background

MOSCOW, Nov 27 (PRIME) -- Russian stocks are not expected to change much at the opening on Friday amid a mixed foreign background, analysts said.

“We expect the MOEX Russia Index to open with a moderate change within 0.1–0.3%, in the range of 3,130–3,150 points. The nearest support levels will be 3,120 and 3,110 points. The main resistance will be at 3,160 and 3,180 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 trading mixed within 0.2%, Brent oil futures fell 0.3%, gold futures added 0.1%, China’s Shanghai Composite increased 0.2%, and Japan’s Nikkei225 rose 0.2%, the analyst said.

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27.11.2020 09:32