Russian stocks seen flat amid mixed foreign background, rising oil - 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 mixed foreign background, rising oil

MOSCOW, Jul 20 (PRIME) -- Russian stocks are projected to open neutrally on Friday amid a mixed foreign background, rising oil prices, and a lack of major growth drivers, analysts said.

УWe expect a neutral opening of the MOEX Russia Index with an insignificant change of up to 0.3%, around the level of 2,270 points. The nearest support levels will 2,260 and 2,250 points, while 2,290 and 2,300 points will be main resistance,Ф Vitaly Manzhos, a senior risk manager at investment company Nord Capital, said.

The mixed foreign background creates conditions for a neutral opening of the Russian stock market, but the MOEX Russia Index still has some potential for a correctional rebound, which may take place by the middle of the trading day, the analyst said. УThatТs why we do not rule out a recovery of this index to the level of 2,280Ц2,290 points.Ф

Before the start of trading in Russia, the U.S. stock index futures are demonstrating a moderate mixed deviation within 0.3%, Brent oil futures rose 0.3%, gold futures lost 0.2%, JapanТs Nikkei225 decreased 0.6%, and Hong KongТs Hang Seng fell 0.1%.

Olma senior analyst Anton Startsev said that a recovery of stable growth of the RTS index looks unlikely now, as the foreign background on the whole remains uncertain and does not give signals for a capital inflow to the Russian market.

End

20.07.2018 09:41
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 70.6068 +0.0516 19 jul
USD 62.8286 -0.1165 19 jul
Stock Market Indices
1D 1W 1M 1Y
MICEX
rtsi 1362.25 +0.93 11:23 19 jul
micex 2722.04 +0.72 11:23 19 jul
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 219.10 +0.37 11:07 19 jul
lkoh 5205.00 +0.75 11:07 19 jul
rosn 419.60 +0.62 11:07 19 jul
sber 237.11 +0.99 11:07 19 jul
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 70.6200 +0.1800 14:59 19 jul
USDTD 63.0300 +0.1575 17:44 19 jul