Forecast for the Moscow Exchange index for today: range of 3250-3300 points


Market the day before

The trading dynamics were multidirectional. The top performers were Yandex NV (YNDX 5,167.0, + 2.92%). The leaders of the decline were shares of MMK (MAGN 55.835, -1.91%) and other companies in the metallurgical sector. The USD / RUB pair ended the year near the 74.5 mark.

Market and company news

The market is showing maturity. Contrary to previous traditions, trading activity on the last trading day of the year on the Moscow Exchange was not low. The turnover in 20 shares exceeded RUB 1 billion. (8 securities were traded with a turnover of over 1 billion rubles. December 30, 2019) A year ago, the trading turnover in the section of Russian securities of the stock market amounted to 39.19 billion rubles, in 2020 – already 76.93 billion rubles. There is no drop in turnovers compared to the previous trading days. This is also due to the fact that a significant number of investors stayed at home. The introduction of the evening session is also making a positive contribution. But the main driver is the influx of a huge number of investors. For 2020, the inflow was higher than for the entire period from 1997 to 2019. The market has ceased to be the lot of a small number of enthusiasts; it has entered a stage of maturity.

Trading Ideas

HeadHunter (HHRU 2 265.0, -0.66%), spec. purchase, goal 2 600 rubles. Quotes rise after successful bond placement. We expect HHRU shares to become the top performer in 2021 on the back of strong business growth and job growth.

Expectations

We expect mixed dynamics. There are no corporate events on the local market. In addition to the exchange and organizations with a continuous production cycle, there is a weekend regime. Dynamics will be recouped on external sites. At the same time, trading activity may recover to normal values ​​on January 6. Forecast for the USD / RUB pair: range 73.00-74.00. The benchmark for the Moscow Exchange Index: a range of 3250-3300 points.

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