Stocks can open flat as investors wait for cbank rate decision - 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

Stocks can open flat as investors wait for cbank rate decision

MOSCOW, Jun 15 (PRIME) -- The Russian stock market will likely open with marginal changes on Friday on the back of an indeterminate external background and because investors are wary ahead of the central bankТs key rate decision, analysts said.

УThe external background before the start of trade in Russia can be characterized as unclear, or close to neutral,Ф Vitaly Manzhos, senior risk manager at investment company Nord Capital, said.

Finam analyst Sergei Drozdov said that the central bank is to halt the reduction after the U.S. has risen the rate because narrowing of the gap between the two rates can hurt the ruble and OFZ bond quotations.

The U.S. stock market futures fell by about 0.1%, the Brent contracts lost 0.1%, the gold futures 0.3%. JapanТs Nikkei225 rose by 0.6% and Hang Seng sagged 0.4% on Friday in the morning.

Manzhos said that the MOEX Russia index will likely firm at opening at 2,255. The levels of 2,250 and 2,240 will be support and 2,270 and 2,280 will be resistance levels.


15.06.2018 09:38
Share |
To report an error select text and press Ctrl+Enter
Central Bank Official Rate
1W 1M 1Y
EUR 72.6243 -0.2069 24 aug
USD 65.6046 -0.0150 24 aug
Stock Market Indices
1D 1W 1M 1Y
rtsi 1268.45 -1.11 18:50 23 aug
micex 2660.74 -0.54 18:50 23 aug
Stock Quotes in RUR
1D 1W 1M 1Y
gazp 229.35 -1.17 18:49 23 aug
lkoh 5183.50 -1.73 18:49 23 aug
rosn 405.60 -0.10 18:49 23 aug
sber 219.50 0.00 18:49 23 aug
MICEX Ruble Trading
1D 1W 1M 1Y
EURTD 72.6700 -0.4825 14:59 23 aug
USDTD 65.7350 -0.1625 17:44 23 aug