Stocks fall following Asian markets, Russian, U.S. sanctions - 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 fall following Asian markets, Russian, U.S. sanctions

MOSCOW, Apr 18 (PRIME) -- The stock market decreased on Thursday in thin trade pushed down by the Asian marketsТ fall, Russian sanctions against Ukraine and the U.S. measures against Venezuela, analysts said.

The MOEX Russia Index fell 0.29% to 2,560.80 and the RTS index decreased 0.26% to 1,262.28.

УThe domestic market preferred to decline, reacting to a fall of the Asian indices. There was no big news but oil does not aim at a level above U.S. $72 per barrel of Brent. Besides, Prime Minister Dmitry Medvedev announced another (set) of trade restrictions with Ukraine,Ф Andrei Kochetkov, Otkritie BrokerТs analyst, said.

Moscow banned imports of Ukrainian machines, exports of oil and oil products to Ukraine in retaliation against UkraineТs expansion of a ban on imports of Russian goods.

Sofya Kirsanova, analyst at managing company Raiffeisen Capital, said that optimism after the release of the Chinese gross domestic product (GDP) figures has waned because growth of the Chinese economy is at historical lows. Besides, aluminum producer Alcoa reduced its forecast for demand in China.

Kochetkov also said that activity declined dramatically due to the approach of Easter holidays in the U.S. and Europe.

Gaidar Gasanov, an expert at consulting company International Financial Center, said that the Russian market reacted to a certain extent to the news that the U.S. imposed more sanctions against the central bank of Venezuela and that can mean new sanctions for Russia as it cooperates with the country and with President Nicolas Maduro.

Kirsanova said that global depositary receipts (GDRs) of X5 Retail increased 2.80% and of Etalon Group 0.23% on the London Stock Exchange on strong reports for JanuaryЦMarch.

Below are the MOEX Russia IndexТ five most active stocks on Thursday:

Company Change, % Last price, rbl Trading volume, bln rbl
Sberbank -0.64 232.79 12.943
Gazprom -1.35 161.79 3.185
Lukoil +0.47 5610 2.596
Norilsk Nickel -0.62 14510 1.650
Rosneft -0.19 435.65 1.035

(63.9450 rubles Ц U.S. $1)

End

18.04.2019 19:12
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 86.4092 -0.6307 15 aug
USD 73.2157 -0.3910 15 aug
Stock Market Indices
1D 1W 1M 1Y
MICEX
rtsi 1323.80 -0.18 18:50 14 aug
micex 3061.99 -0.60 18:50 14 aug
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 193.76 +0.50 23:49 14 aug
lkoh 5310.00 +0.13 23:49 14 aug
rosn 387.30 +2.50 23:49 14 aug
sber 241.39 -0.42 23:49 14 aug
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 87.1475 +0.9875 14:59 14 aug
USDTD 72.8900 -0.3225 17:44 14 aug