Russian stocks seen flat amid rising oil, neutral background

MOSCOW, Sep 8 (PRIME) -- Russian stocks may open with marginal dynamics on Friday amid a neutral background and rising oil prices, analysts said.

“We expect the Russian stock market to open with marginal changes around the level of yesterday’s close at the MICEX index, assuming that this stock indicator will continue fluctuations around the current levels under the influence of permanent changes of the foreign background,” Oleg Shagov, head of the investment company Solid’s research department, said.

The ultimate influence of key external factors that have a significant impact on the Russian financial market is close to neutral today, the analyst said.

Brent oil futures continue to grow trying to reach a U.S. $55 per barrel notch on a sharp decrease of the U.S. oil production.

The leading U.S. stock index futures are suffering small losses, while main Asian stock indicators are not showing single dynamics.

Investors will follow news from the Moscow Financial Forum on Friday, Shagov said.

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