Russian stocks to open neutrally amid mixed foreign background

MOSCOW, Jun 27 (PRIME) -- Russian stocks may open neutrally on Thursday amid a mixed foreign background, analysts said.

“We expect the MOEX Russia Index to open with an insignificant change within 0.1–0.3%, near the level of 2,775 points. The nearest support levels will be 2,760 and 2,750 points. Main resistance will be at 2,790 and 2,800 points,” Vitaly Manzhos, senior risk manager at investment company Algo Capital, said.

Before the start of trading in Russia, the U.S. stock index futures are growing within 0.2–0.4%, Brent oil futures lost 0.4%, China’s Shanghai Composite rose 0.9%, and Japan’s Nikkei225 also added 0.9%, the analyst said.

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