Russian stocks seen flat amid lack of major drivers - 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 seen flat amid lack of major drivers

MOSCOW, Mar 29 (PRIME) -- The Russian stock market may open neutrally on Thursday amid lack of major drivers and uncertain foreign background, analysts said.

УWe expect a neutral start of trading in Russia with an insignificant change on the MOEX Russia Index, around the notch of 2,250 points,Ф Vitaly Manzhos, senior risk manager at investment company Nord Capital, said. The nearest support levels will be 2,240 and 2,230 points, and resistance levels will be 2,260 and 2,270 points, he said.

After the neutral opening, the MOEX Russia Index may switch to consolidation around the opening levels amid uncertain foreign background, the analyst said.

Olma senior analyst Anton Startsev said the U.S. stocks lost 0.9%, the U.S. stock index futures are mixed, European indices closed mixed, and Asian stocks are not showing single dynamics.

УThere are still no grounds to turn the market upwards, but during the day the sellersТ pressure may reduce due to the УcoolingФ of speculative activity of non-residents ahead of the long holidays Ц tomorrow, major Western stock floors (including bourses of the U.S. and the U.K.) will not trade because of Good Friday,Ф Startsev said.

End

29.03.2018 09:35
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 78.0753 +0.3224 22 sep
USD 66.2497 -0.2228 22 sep
Stock Market Indices
1D 1W 1M 1Y
MICEX
rtsi 1156.81 +0.63 10:48 24 sep
micex 2428.67 +0.08 10:48 24 sep
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 158.64 +2.78 18:49 21 sep
lkoh 4737.50 +0.78 18:49 21 sep
rosn 440.40 +0.39 18:47 21 sep
sber 193.44 +1.19 18:49 21 sep
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 77.5525 -0.8925 10:29 24 sep
USDTD 66.0450 -0.4225 10:29 24 sep