Buyers in the stock market don’t want to give in to bears

  • MOEX Index: 3266.66 (+ 0.36%)
  • RTS Index: 1400.34 (+ 0.16%)

The Russian market demonstrates moderate growth in the Moscow Exchange index in the first minutes of trading on Tuesday. Yesterday the index was unable to gain a foothold above 3300 points, closing the day in the red, but today buyers are again taking it into positive territory.

The external background deteriorated slightly earlier in the week, but oil prices were able to hold above $ 50 a barrel despite new statements about restrictions in connection with the coronavirus in Europe and other regions. Investors are already living in anticipation of mass vaccinations. The FDA may release documents on the Moderna vaccine today, after the Pfizer vaccine has already been approved.

In the first minutes on the Russian market shares of the aircraft building company IRKUT are in the lead, rising in price by 6% on the reports that the MS-21 aircraft with Russian PD-14 engines made its first flight. Steelworkers’ papers continue to rise in price amid favorable pricing environment for their products.

Heavy shares of Sberbank and Gazprom lost 0.1-0.2%. LUKOIL rises in price by 0.25%.

The exchange rate of the USD / RUB pair with settlements tomorrow is at 73.46 (-0.55%).

Leaders: IRKUT (+ 6%), Ashinsky Steel Plant (+ 5%), VSMPO-AVISMA (+ 3%), MMK (+ 1.8%), RusAgro (+ 1.8%)

Outsiders: Detsky Mir (-1.5%), En + (-1%), QIWI (-0.8%), TCS (-0.7%)

  • More forecasts and news on Fortrader’s channel Telegram

Market forecasts, analytics and stock news

Libertex [CPS] WW



MTP Procurement Management Procurement Bidding SRM Cost Optimization Team Management Cost Management SAP ERP Management Skills SAP ERP 1C Supply Control SAP / SRM SAP / R3 Analytical Thinking Working with Suppliers Result Oriented System Thinking Process Management Strategic Planning Project Management MsOffice Negotiations with company top officials Organization of procurement procedures Oil trading

Read Previous

Pound / dollar bears don’t want to slow down

Read Next

will the EU and London agree?