The growth of the stock market continues for the fifth session in a row – financial magazine

  • MOEX Index: 3900.53 (+ 0.46%)
  • RTS Index: 1676.68 (+ 0.73%)

The Moscow Exchange index updated its all-time high at the opening of trading on Tuesday, reaching the level of 3900 points for the first time. The Russian stock market is growing for the fifth day in a row. High commodity prices are pushing the indices to new records.

Oil prices yesterday reacted with growth to the OPEC + decision to postpone the meeting indefinitely. Formally, OPEC + countries must adhere to the previous quotas. Brent quotes reached $ 77.5 (+ 0.5%) per barrel. Since the beginning of the year, the price has increased by 50%.

Oil in rubles has reached 5700 today. The indicator is close to record levels.

Over the past three days, prices for metals have also demonstrated positive dynamics. However, the positive impact here is limited to government initiatives to impose duties.

With such oil, the ruble behaves rather restrainedly. The rate of the USD / RUB pair is trading at 73.26 (-0.27%). The prospects for further growth of rates in Russia are affecting. The RGBI government bond index has been flat for the fifth day not far from the lows of recent months.

Representatives of the oil and gas sector look better than the market among heavy securities: Gazprom (+ 0.8%), LUKOIL (+ 0.5%). Sberbank (-0.1%) is slightly in the red. The leaders in the paper financial sector are TCS (+ 1.3%).

The shares of the Saratov Refinery were cleared of dividends (-6.3%). Raspadskaya shares are undergoing a pullback after an impressive rise on Monday.

Leaders: Mother and Child (+ 2.8%), Abrau-Dyurso (+ 2.4%), TCS (+ 1.3%), TMK (+ 1.3%), Polymetal (+ 1%)

Outsiders: Saratov Refinery (-6.3%), Raspadskaya (-2.5%), PIK (-0.6%), NLMK (-0.6%)

  • More forecasts and news on Fortrader’s channel Telegram

Market forecasts, analytics and stock news

Libertex [CPS] WW



MTP Procurement Management Procurement Bidding SRM Cost Optimization Team Management Cost Management SAP ERP Management Skills SAP ERP 1C Supply Control SAP / SRM SAP / R3 Analytical Thinking Working with Suppliers Result Oriented System Thinking Process Management Strategic Planning Project Management MsOffice Negotiations with company top officials Organization of procurement procedures Oil trading

Read Previous

2024 20. … – “”

Read Next

NPFs invest strategically in shares