Russian stocks to continue growth backed by oil prices - 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 to continue growth backed by oil prices

MOSCOW, Dec 4 (PRIME) -- Russian stocks are expected to continue growth at the opening on Tuesday receiving support from rising oil prices, analysts said.

УThe Russian stock market may continue growth of the previous day on Tuesday, but it will likely be less significant amid slower growth of oil prices,Ф Forex Club analyst Ivan Marchena said.

Olma senior analyst Anton Startsev said, УGrowth of the RTS index may be suspended at the start of trading today Ц after the first (optimistic) reaction of the market to reports about suspension of the Уtrade warФ between the U.S. and China, buyers on the stock market took a pause waiting for details of the upcoming talks, which have not yet been confirmed by the Chinese side.Ф

The U.S. stock indices increased 1.1Ц1.5%, stock index futures are falling, European stock floors closed in plus, and Asian stock markets are showing downward dynamics, he said.

Georgy Vashchenko, head of investment company Freedom FinanceТs department of operations on the Russian stock market, expects mixed dynamics of the Russian stock market and projects the MOEX Russia Index in the range of 2,440Ц2,460 points.

End

04.12.2018 09:44
 
 
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 1289.31 +1.09 15:54 24 may
micex 2637.44 +0.72 15:54 24 may
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 207.24 -0.78 15:38 24 may
lkoh 5294.00 +0.36 15:38 24 may
rosn 425.45 +2.01 15:38 24 may
sber 234.92 +2.45 15:38 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