Russian stocks may open flat amid growing political risks - 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 may open flat amid growing political risks

MOSCOW, May 14 (PRIME) -- The Russian stock market may open with slight movement and consolidate later in the day on Tuesday thanks to uncertain global environment, analysts said.

УWe expect the MOEX Russia Index to move no more than 0.3% within a 2,500Ц2,515 range at the openingЕ and to consolidate later amid an uncertain external background,Ф Vitaly Manzhos, senior risk manager at investment company Algo Capital, said.

Vadim Kravchuk, analyst at investment company Solid, sees the global environment as moderately negative with the U.S.ЦChinese relations worsening impetuously after China said it would raise tariffs on U.S. $60 billion in U.S. goods in retaliation for the President Donald Trump administrationТs latest decision to increase duties on $200 billion worth of Chinese products.

Olma senior analyst Anton Startsev said the RTS index may edge down at the opening, but is unlikely to break through the 1,200 mark.

Asian markets, and U.S. and European indices futures are seen lower. The Brent crude price is slightly below $71 per barrel.

In Russia, investors may also follow results of a meeting between Russian President Vladimir Putin and U.S. Secretary of State Michael Pompeo in Sochi.

End

14.05.2019 09:40
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 72.3186 +0.4817 25 may
USD 64.6106 +0.1193 25 may
Stock Market Indices
1D 1W 1M 1Y
MICEX
rtsi 1279.11 +0.29 18:50 24 may
micex 2619.24 +0.02 18:50 24 may
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 204.50 -2.09 18:49 24 may
lkoh 5240.00 -0.66 18:49 24 may
rosn 423.00 +1.43 18:49 24 may
sber 234.45 +2.25 18:49 24 may
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 72.1000 +0.0775 14:59 24 may
USDTD 64.8200 +0.5275 17:44 24 may