Russian stocks seen flat on high oil price, shaky foreign markets - 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 on high oil price, shaky foreign markets

MOSCOW, Feb 2 (PRIME) -- The Russian stock market will likely open with neutral dynamics on Friday because oil prices are supporting investorsТ interest while uncertainty on foreign stock markets does not allow the positive trend to develop, analysts said.

УWe do not expect noticeable growth of Russian stock market indices today. While oil prices remain high enough to support interest by investors in Russian securities, the situation on global stock markets looks increasingly shaky,Ф Olma senior analyst Anton Startsev said.

He said that Western traders are afraid that a rising yield on the U.S. debt will negatively affect stock markets.

Oleg Shagov, head of the investment company SolidТs research department, said that the external background for the start of the Russian trading session is neutral as the U.S. stock market futures show mixed dynamics, Asian markets are mainly falling and the European premarket session also signals mixed trends.

The MOEX Russia Index is expected to open at about 2,300.

Severstal will publish financial results under International Financial Reporting Standards (IFRS), the Moscow Exchange will post the volume of transactions in January, Shagov said, adding that these corporate events are the most anticipated ones on Friday.


02.02.2018 09:17
Share |
To report an error select text and press Ctrl+Enter
Central Bank Official Rate
1W 1M 1Y
EUR 71.7210 -0.2022 23 apr
USD 63.7860 -0.1742 23 apr
Stock Market Indices
1D 1W 1M 1Y
rtsi 1260.82 -0.12 18:50 19 apr
micex 2584.74 +0.81 18:50 22 apr
Stock Quotes in RUR
1D 1W 1M 1Y
gazp 163.50 +0.57 18:49 22 apr
lkoh 5690.00 +1.57 18:49 22 apr
rosn 439.60 +1.76 18:48 22 apr
sber 235.41 +1.21 18:49 22 apr
MICEX Ruble Trading
1D 1W 1M 1Y
EURTD 71.9125 -0.2875 14:59 19 apr
USDTD 63.8350 -0.1775 17:44 22 apr