Russian stocks seen growing on US stocks futures' rise
MOSCOW, Jul 27 (PRIME) -- The Russian stock market will likely open higher on Wednesday on the back of the growth of the U.S. stocks futures, analysts said.
"Speaking about the global markets’ mood on Wednesday morning, it can be characterized as moderately positive. The leading Asian trading floors demonstrate mixed dynamics. The key U.S. markets futures recover adding up to 1%. The nearest Brent futures consolidate near yesterday's closing at U.S. $99.4 per barrel," senior analyst at financial supermarket Banki.Ru Bogdan Zvarich said.
According to Zvarich, the oil market deterioration may not allow the Russian stock market to develop a growing trend.
Finam analyst Alexei Kalachyov said that the MOEX Russia Index could continue growing by inertia in the morning and correct later in the day. Investors will be waiting for a decision of the U.S. Federal Reserve System, which will be announced in the evening in Russia.
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