Start of the day. Stocks are getting cheaper, the ruble is getting more expensive

  • MOEX Index: 3420.43 (-0.39%)
  • RTS Index: 1459.23 (+ 0.27%)

The Moscow Exchange index declines at the opening of trading on Wednesday. The deterioration of the external background is affecting, while the market is still weakly reacting to the sanctions threats.

American indices have been retreating in recent days, corrective sentiment is growing in other stock markets. Today, S&P 500 futures are down 0.3%. Oil quotes are slightly in the red, but above $ 65 per barrel, while yesterday they reached $ 66.7.

The Washington Post reported that the Biden administration is preparing sanctions against Russia for hacker attacks and other violations: in addition to the SolarWinds hack, possible involvement in the poisoning of Navalny and interference in the US presidential election is being investigated.

Among the heavyweights, the shares of LUKOIL, Gazprom and Sberbank lost 0.5%, 0.7% and 0.8%, respectively. The leaders of recent weeks – Ozon (-3.8%) and TCS (-3.7%) – were at the forefront of the decline. They are accompanied by Rusal (-3%). En + (-2%) and Sistema (-2%), associated with the aforementioned companies, followed.

At the same time, the ruble strengthened noticeably at the opening, playing back, in particular, yesterday’s dynamics on world markets. The USD / RUB pair dropped to 73.8 (-0.7%).

The government bond index is stagnant.

Leaders: Raspadskaya (+ 1%), Mother and Child (+ 0.8%), TMK (+ 6%), Yandex (+ 0.6%)

Outsiders: Ozon (-3.8%), TCS (-3.7%), Rusal (-3%), En + (-2%), Sistema (-2%)

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