Start of the day. The market is trying to get out of the minus


  • MOEX Index: 3191.56 (+ 0.16%)
  • RTS Index: 1332.78 (-0.24%)

The Russian market began trading on Tuesday with a slight decline, but a few minutes later it went up in the plus on the Moscow Exchange index. Yesterday, Russian assets saw an outstripping decline amid general weakness in stock markets, triggered by news of a new strain of COVID-19 spreading in the UK, which quickly affected investor sentiment.

The external background remains weak today. Oil prices dropped below $ 50 a barrel, losing 1.9% on Brent. S&P 500 futures are down 0.4%.

All positive agendas are already in prices: this is the beginning of mass vaccination, and the adoption of new budgetary incentives in the United States – there are risks of development of correction.

In the first minutes on the Russian market, the companies VSMPO-AVISMA (-2%) and IRKUT (-1%), which appear in the list of the US Department of Commerce as “end military users”, were among the outsiders.

Shares of Mechel (+ 2.4%) and ALROSA (+ 1.6%) look better than the market.

Heavy shares of Sberbank lose 0.4%, LUKOIL – 0.7%, Gazprom – 1.1%.

The ruble is losing ground. The USD / RUB rate is growing by 0.8% to 75.4.

Leaders: Mechel-ao (+ 2.4%), Mechel-up (+ 1.9%), ALROSA (+ 1.6%), Pharmsynthez (+ 1.5%), QIWI (+ 1.5%)

Outsiders: Ashinskiy MZ (-6%), VSMPO-AVISMA (-2%), Rusal (-1.9%), HeadHunter (-1.5%), Gazprom (-1.1%), IRKUT (-1% )

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