Russian stocks seen flat on lack of major drivers, rising oil
MOSCOW, Sep 11 (PRIME) -- Russian stocks may open neutrally on Tuesday amid a moderately positive foreign background, growing oil prices and a lack of major drivers, analysts said.
УWe expect a neutral opening of the MOEX Russia Index with an insignificant change within 0.3%, around the level of 2,335 points. The nearest support levels will be 2,320 and 2,310 points. The main resistance will remain at 2,340 and 2,350 points,Ф Vitaly Manzhos, a senior risk manager at investment company Algo Capital, said.
Before the start of trading in Russia, the U.S. stock index futures are growing up to 0.3%, Brent oil futures added around 0.3%, JapanТs Nikkei225 rose 1.2%, and Hong KongТs Hang Seng lost 0.4%, the analyst said.