The Moscow Exchange Index will trade within 3350-3430 points


Market on the eve

The trading dynamics were multidirectional. The growth leaders among the most liquid securities were the shares of PIK Group (PIKK 12.656, + 17.49%). The outsiders were shares of MMC Norilsk Nickel (GMKN 23 708, -2.31%). The USD / RUB pair was trading near the 74 mark.

Market and company news

Aeroflot (AFLT 70.98, + 1.52%), spec purchase, TR 90 rubles) will report under IFRS for 2020. The forecast assumes a decrease in revenue to 315 billion rubles. with EBITDA of about 40 billion rubles. and a loss of over 90 billion rubles. The company expects an intensive recovery in the air transportation market in the second half of the year. By the end of this year, revenue may grow to 650 billion rubles.

Mail.Ru (MAIL 2004.4, -0.43%) will present its results according to international standards. Revenue is projected at around RUB 103 billion. with EBITDA of 26 billion rubles. and a profit of 12 billion rubles. This year, the volume of sales may grow within 25% both due to the Internet business and due to the development of other areas, including transport. The consensus forecast for the security is RUB 2,450.

Trading Ideas

The Moscow Exchange (MOEX 173.75, -2.20%, spec. Purchase, target RUB 180) will report for the fourth quarter. The number of investors has reached 10 million and continues to grow at a high rate. In March, the duration of sessions in the foreign exchange and derivatives markets will increase, which can provide an increase in turnover up to 10%.

Expectations

We expect multidirectional dynamics. The external background does not provide clear guidelines. Forecast for the USD / RUB pair: range 73-74. The Moscow Exchange Index will trade within the range of 3350-3430 points.

  • More forecasts and news on the Fortrader channel in Telegram

Market forecasts, analytics and stock news

Libertex [CPS] WW

xemarketsforex

xemarketsforex

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

Institutional traders bet on bitcoin growth to $ 75,000 and above

Read Next

EURUSD Buyers Not Enough for a Long Time