RTS index reached 1500 points at the opening – ForTrader.org financial magazine

  • MOEX Index: 3498.54 (+ 0.77%)
  • RTS Index: 1500.8 (+ 1.07%)

Russian indices are growing at the opening of trading on Wednesday. The RTS dollar index updated multi-month highs, for the first time since February 2020, reaching 1500 points, continuing to rise for the seventh day in a row.

The external background was moderately positive before the opening. Brent crude oil prices are holding above $ 57, adding more than 1%. These are also the highest levels since February. Published statistics on oil reserves from the API contributed to the morning rise in quotations, indicating a significant reduction in inventories over the week.

As part of the key indices, the leaders are the shares of oil companies, headed by LUKOIL (+ 1.1%). Gazprom and Sberbank are growing within 0.3%.

MMK (-3.8%) and NKHP (-3.6%) were cleared of dividends today.

In the third echelon, there are price surges in some securities.

The exchange rate of the USD / RUB pair with settlements tomorrow will decrease by 0.1%, to 73.46. The pair in January runs in the range of 73-75, and is now pressed closer to the lower border amid rising oil prices. At the same time, the RGBI government bond index remains at two-month lows.

Leaders: Orgsintez-up (+ 25%), Russneft (+ 2%), NCSP (+ 1.9%), FESCO (+ 1.7%), LUKOIL (+ 1.1%)

Outsiders: MMK (-3.8%), NKHP (-3.6%), Rosgosstrakh (-1.6%), Orgsintez-JSC (-1.5%)

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