Russian stocks fall dragged by negative dynamics of global floors - Financial Wire - 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 fall dragged by negative dynamics of global floors

MOSCOW, May 21 (PRIME) -- Russian stocks decreased on Thursday after several days of rapid growth dragged by negative dynamics of Western floors, analysts said.

The MOEX Russia Index fell 1.88% to 2,718.67 and the RTS decreased 1.57% to 1,206.28.

УThe MOEX Russia Index and the RTS Index accelerated the decline by the end of trading, feeling the pressure from correction sentiment abroad,Ф Veles Capital analyst Yelena Kozhukhova said.

The foreign background was moderately negative. Trading in the U.S. started with a decline of three main indices, which were losing 0.7Ц1.2% by the end of the Russian session. Moderately negative moods prevailed on European floors as well.

The July futures for Brent and WTI oil were trading mixed within 0.5% by the end of the Russian session.

Otkritie Broker analyst Andrei Kochetkov said, УA wave of profit taking came to the Russian market after two days of rapid growth. The external background also does not contribute to further growth. Statistics on Europe remains weak, and the U.S. is ready to arrange another confrontation with China over the availability of the U.S. financial market for Chinese companies.Ф

Electronic goods and household appliances retailer M.Video and metals and mining company MechelТs preferred shares were among growth leaders, adding 3.41% and 1.92%, respectively.

Oil and gas company Surgutneftegas, oil company Tatneft, and precious metals producer Polymetal were among outsiders, losing 4.4%, 4.68%, and 3.14%, respectively.

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

Company Change, % Last price, rbl Trading volume, bln rbl
Gazprom -1.02 194.74 17.572
Sberbank -0.81 192.40 15.420
Lukoil -3.01 5286.00 14.369
Norilsk Nickel -1.81 22536.00 8.487
Rosneft -3.48 367.00 7.773

(72.3381 rubles Ц U.S. $1)

End

21.05.2020 19:21
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 77.6376 -0.9113 02 jun
USD 69.7114 -1.0406 02 jun
Stock Market Indices
1D 1W 1M 1Y
MICEX
rtsi 1247.61 +2.28 18:50 01 jun
micex 2750.24 +0.56 18:50 01 jun
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 198.72 -0.62 18:49 01 jun
lkoh 5318.00 +1.44 18:48 01 jun
rosn 378.70 +0.66 18:49 01 jun
sber 203.66 +1.58 18:49 01 jun
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 77.4925 -0.9900 14:59 01 jun
USDTD 69.5050 -1.0950 17:44 01 jun