Stock market rallies at the opening of the last week of 2020


  • MOEX Index: 3262.82 (+ 0.51%)
  • RTS Index: 1395.68 (+ 1.26%)

The Russian market is growing at the opening of trading on Monday. The external background contributes to the rise in quotations: oil prices rise by half a percent, futures for the S&P 500 adds 0.7%.

The day before, US President Donald Trump nevertheless signed a bill on the allocation of assistance to the economy in the amount of $ 900 billion, and also promised good news, probably hinting at the success of the expected vote in Congress to increase incentive payments to citizens to $ 2,000 under another law.

In Europe, meanwhile, vaccination began following Russia and the United States.

The rally in Mechel shares continues on the Russian market. Common stocks are up another 4% today. No important corporate news that could have influenced such a movement did not appear.

Also, the rise in the securities of steelmakers continues against the backdrop of a strong pricing environment for their products, despite the news of the possible introduction of export duties on steel products: MMK (+ 1.5%), Severstal (+ 0.6%). NLMK shares (-1.5%) were cleared of dividends.

Heavy shares of LUKOIL and Sberbank are growing by 0.2-0.3%, Gazprom is growing in price by 0.9%.

The USD / RUB pair is down 0.7% to 73.64.

Leaders: Mechel-ao (+ 4%), Mechel-up (+ 3%), MMK (+ 1.5%), Magnit (+ 1.5%), Petropavlovsk (+ 1.3%)

Outsiders: Korshunovsky Gok (-3.1%), Okey (-1.9%), NLMK (-1.5%), HeadHunter (-1%)

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