Oil stocks pull the Russian market down today


  • MOEX Index: 3502.59 (+ 0.37%)
  • RTS Index: 1456.25 (+ 0.44%)

Russian stocks are falling in price at the opening of trading on Monday amid deteriorating external background, falling oil prices. The indices are formally growing, winning back the dynamics of the Friday evening session.

Among the outsiders, we see papers of representatives of the oil and gas sector: LUKOIL (-1.5%), Novatek (-1.3%), Tatneft-jsc (-1%).

Brent is depreciating at the moment by 1.5% to $ 63.63 after reports that the container ship that blocked the Suez Canal was taken aground.

Globaltrans receipts are down 1.7% amid reports of a 46% drop in net profit in 2020.

Shares of GMK Norilsk Nickel (+ 1.4%) look better than the market, which are recovering in anticipation of today’s meeting of the board of directors on the issue of dividend targets in connection with the investment strategy until 2030.

Sberbank and Gazprom are losing about 0.3%.

The rate of the USD / RUB pair rose to 75.8 (+ 0.2%).

The OFZ market continues to recover for the fourth day in a row. RGBI adds 0.19%.

Leaders: Rusolovo (+ 4.5%), TMK (+ 2.8%), HeadHunter (+ 2.5%), Mechel-ao (+ 1.7%), MMC Norilsk Nickel (+ 1.4%).

Outsiders: Globaltrans-gdr (-1.7%), LUKOIL (-1.5%), Novatek (-1.3%), Tatneft-jsc (-1%).

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