Start of the day on the Russian market: oilmen are in the lead

  • MOEX Index: 3400.7 (+ 0.85%)
  • RTS Index: 1425.17 (+ 1.6%)

The Russian market continues to recover at the opening of Friday trading. The Moscow Exchange index rose above 3400 points, having won back more than half of the wave of decline from record levels.

The external background remains positive. Oil prices are heading towards $ 60 per barrel amid the OPEC + deal, ongoing vaccinations in the world. On Thursday, Saudi Arabia maintained export prices for its flagship Arabian Light crude.

American indices yesterday renewed their record levels, having won back all the losses after the drawdown caused by the increased volatility in individual securities, due to the concerted actions of retail investors.

On the Russian market, the MosEx index is dominated by oil companies: Tatneft-up (+ 0.9%), LUKOIL (+ 0.9%), Rosneft (+ 0.8%).

Sberbank shares are up 0.2% after the publication of the RAS report for January. The company increased its net profit by 8%.

Retailers and steelmakers are in a small minus.

The ruble is strengthening. The USD / RUB pair is down 0.47% to 75.15.

The RGBI government bond index is growing for the second day in a row, adding 0.09%.

Leaders: Rusolovo (+ 3%), Ozon (+ 2.2%), Tatneft-up (+ 0.9%), LUKOIL (+ 0.9%), Rosneft (+ 0.8%)

Outsiders: Unipro (-0.4%), Rostelecom-jsc (-0.4%), PhosAgro (-0.4%), Polymetal (-0.3%)

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