Russian stocks seen growing on oil price, foreign market rise - 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 seen growing on oil price, foreign market rise

MOSCOW, Sep 15 (PRIME) -- The Russian stock market will likely increase at the start of the Wednesday trading session on the back of a positive dynamics of oil prices and foreign markets, analysts said.

"The MOEX Russia Index can reset its high, close to the historical peak, in the first minutes of the trade with a support of an improved external background. It is highly likely to enter a phase of consolidation afterwards on expectations of new significant signals for a clear trend," Vitaly Manzhos, senior risk manager at investment company Algo Capital, said.

Manzhos estimated the upward gap at the opening at 0.1Ц0.4% to 4,060Ц4,070. The levels of 4,050 and 4,040 will be the nearest support ones and the levels of 4,080 and 4,090 the resistance ones.

He said that the background for the session start is moderately positive as U.S. stocks futures grew by 0.2Ц0.3%. Brent price grew 0.6%. Gold futures lost 0.1%, China's Shanghai Composite increased 0.3%, Japan's Nikkei 225 shed 0.4%.

Alor Broker senior analyst Alexei Antonov said that a report on inflation published on Tuesday signaled a lower than expected dynamics, which sparked hopes that the U.S. Federal Reserve System (Fed) would postpone the start of reduction of economic stimuli.

End

15.09.2021 09:30
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 85.4614 +0.0992 18 sep
USD 72.5602 +0.1273 18 sep
Stock Market Indices
1D 1W 1M 1Y
MICEX
micex 4035.17 -0.25 18:50 17 sep
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 338.50 -1.41 23:49 17 sep
lkoh 6664.00 -0.90 23:49 17 sep
rosn 576.45 +1.47 23:49 17 sep
sber 326.99 -1.95 23:49 17 sep
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 85.2500 -0.7150 14:59 17 sep
USDTD 72.7250 +0.2550 17:44 17 sep