Russian stocks to open with growth amid positive foreign backdrop - 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 to open with growth amid positive foreign backdrop

MOSCOW, Jun 21 (PRIME) -- The Russian stock market may continue growth of the previous day and increase on Tuesday in the morning thanks to the favorable external background, analysts said.

УThe Russian stock market may continue to grow. The MOEX Russia Index may go up to 2,440 points, which is the upper limit of the current consolidation range,Ф senior analyst at financial supermarket Banki.Ru Bogdan Zvarich said.

Algo Capital senior risk manager Vitaly Manzhos said that Уthe MOEX Russia Index is capable of rising considerably in the first minutes of trade thanks to obvious improvement of the external background that can be seen in the morning,Ф The index may increase to 2,430Ц2,450 during the session, he added.

According to Promsvyazbank senior analyst Vladimir Solovyev, the MOEX Russia Index may go above 2,450 points during the session, and the stocks of RussiaТs financial companies may grow above the market.

The global environment may be described as favorable and global trading floors may try and rebound, Solovyev added.

The foreign trade floors show positive moods prior to the start of trading in Russia, Zvarich said. Main Asian bourses are rising up to 2.5% and the U.S. stock futures are growing within 1.6%. The Brent oil futures increased 1.2% to U.S. $115.5 per barrel.

The news flow for Tuesday includes statements from representatives of a number of foreign central banks and of the U.S. Federal Reserve (Fed), as well as the release of industrial orders statistics in the U.K. and of sales on the secondary housing market in the U.S.


21.06.2022 09:42
Share |
To report an error select text and press Ctrl+Enter
Central Bank Official Rate
1W 1M 1Y
EUR 61.2171 +0.2139 29 jul
USD 60.2031 -0.0167 29 jul
Stock Market Indices
1D 1W 1M 1Y
micex 2189.16 -0.32 18:51 28 jul
Stock Quotes in RUR
1D 1W 1M 1Y
gazp 196.24 -0.13 18:36 28 jul
lkoh 3847.50 0.00 18:53 28 jul
rosn 348.70 0.00 18:49 28 jul
sber 131.69 -0.61 18:36 28 jul
MICEX Ruble Trading
1D 1W 1M 1Y
EURTD 61.1000 +0.5550 14:59 28 jul
USDTD 60.8350 +0.9200 17:44 28 jul