Stock market rallies, catching up with Wall Street rally

  • MOEX Index: 3270.02 (+ 0.67%)
  • RTS Index: 1404.05 (+ 0.98%)

Russian indices are growing at the opening of trading on Wednesday, catching up with yesterday’s rise on Wall Street.

At the same time, the morning external background is neutral. Oil prices retreat 0.4% to $ 50.5 per barrel Brent. The API statistics on the growth of US oil reserves had a negative impact.

In general, the markets have remained optimistic in recent weeks in anticipation of mass vaccination, which has already begun in Russia, Great Britain, and the United States. Yesterday, FDA experts spoke positively about the Moderna vaccine, and tomorrow the advisory committee may approve it.

Heavyweight shares of Sberbank and Gazprom are up 0.3% and 0.7%, respectively. LUKOIL depreciates by 0.5%.

The exchange rate of the USD / RUB pair with settlements tomorrow is at 73.33 (-0.08%).

Today market participants are waiting for the results of the Fed meeting, a whole block of important statistics on the December PMI, data on retail sales in the United States. In Russia, dividend cutoffs will take place in the shares of LUKOIL, Unipro, X5 retail.

Leaders: Sistema (+ 1.9%), Lenta (+ 1.8%), Mechel-jsc (+ 1.5%), ALROSA (+ 0.9%)

Outsiders: MMK (-0.8%), Novatek (-0.5%), PhosAgro (-0.5%), Rusal (-0.4%)

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