Russian stocks mixed on oil price volatility, strong ruble - 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 mixed on oil price volatility, strong ruble

MOSCOW, May 15 (PRIME) -- The Russian stock market closed mixed on Wednesday after a volatile trading session, following the oil market trend, with the RTS index growing and the MOEX Russia Index falling on a strong ruble, analysts said.

The MOEX Russia Index decreased 0.31% to 2,554.49, and the RTS Index rose 0.44% to 1,247.02.

УA persistent rise Gazprom today did not save the MOEX Russia Index from a moderate decline. The absence of a breakthrough in the RussianЦU.S. negotiations (albeit few expected that) and a decline of oil quotations on the back of a sudden rise of reserves in the U.S. and publication of data about growth of the Chinese industry in April, which was worse than expectations, took their toll,Ф BCS senior analyst Sergei Suverov said.

He said that a bill on new sanctions against the Nord Stream-2 gas pipeline was also bad news for Russia.

According to Suverov, oil companiesТ securities decreased most during the day.

But in the evening, oil prices started to grow with the Brent rising by 0.46% to U.S. $71.57 as of 5:54 p.m., Moscow time, and the trend on the Russian market changed, analysts said.

Otkritie Broker analyst Andrei Kochetkov said that the ruble strengthened due to high demand for state OFZ bonds.

Kochetkov said that investors understand that the continuing U.S.ЦChina trade war can yield benefits for their trade partners, and this factor keeps Russia from a deep downward correction.

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

Company Change, % Last price, rbl Trading volume, bln rbl
Gazprom +3.13 195.61 26.517
Sberbank +0.36 228.69 13.903
Lukoil -3.63 5000 8.832
Norilsk Nickel -1.1 13800 1.868
Rosneft -1.72 413.7 1.590

(65.3001 rubles Ц U.S. $1)


15.05.2019 19:12
Share |
To report an error select text and press Ctrl+Enter
Central Bank Official Rate
1W 1M 1Y
EUR 73.9484 +0.7257 20 aug
USD 66.6082 +0.6121 20 aug
Stock Market Indices
1D 1W 1M 1Y
rtsi 1247.53 +0.62 18:50 19 aug
micex 2648.09 +1.26 18:50 19 aug
Stock Quotes in RUR
1D 1W 1M 1Y
gazp 226.80 +0.93 18:49 19 aug
lkoh 5240.00 +4.80 18:49 19 aug
rosn 404.00 -0.19 18:48 19 aug
sber 217.40 +1.09 18:49 19 aug
MICEX Ruble Trading
1D 1W 1M 1Y
EURTD 74.3175 +0.9375 14:59 19 aug
USDTD 66.7650 +0.4150 17:44 19 aug