Start of the day on the Russian market. Falling down again

  • MOEX Index: 3322.25 (-0.59%)
  • RTS Index: 1372.3 (-0.89%)

Russian indices are falling at the opening of Friday trading. The drawdown from the three-week lows was bought yesterday, but the risks of further correction remain. The external background is moderately negative today.

S&P 500 futures are down 0.9% after yesterday’s rebound on Wall Street, where volatility in individual stocks spiked sharply as a result of concerted action by retail investors. In addition, the estimates of investment banks presented in recent days on the actual passage of the package of assistance to the economy through Congress are much more modest than the $ 1.9 trillion announced by Biden.

Oil prices run around $ 55 per barrel, showing zero dynamics. This week, news about growing Iranian exports, which in January, according to various sources, ranged from 600 to 900 thousand barrels per day (b / d), appeared on the information agenda.

On the Russian market, shares of Sberbank, Inter RAO, Rusal, and MMC Norilsk Nickel are already losing more than 1%. With regard to the latter, we note the morning decline in nickel prices, as well as the comments of the representative of Rosprirodnadzor about the unwillingness to consider any compromise proposals from Norilsk Nickel on the 148 billion-dollar suit filed by the department.

Gazprom and LUKOIL are losing 0.8%.

The USD / RUB rate is growing by 0.31%, to 76.19.

The RGBI government bond index is growing by 0.15%.

Leaders: VSMPO-AVISMA (+ 1.9%), TCS (+ 0.8%), Detsky Mir (+ 0.8%), Rostelecom-jsc (+ 0.4%)

Outsiders: Rusal (-1.4%), MMC Norilsk Nickel (-1.3%), InterRAO (-1.3%), Sberbank-jsc (-1.1%)

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