- MOEX Index: 3402.99 (+ 0.36%)
- RTS Index: 1428.52 (+ 0.39%)
Russian indices are growing at the opening of trading on Wednesday. Growth is modest at 0.3%, and so far this week the Moscow Exchange index remains flat at 3400, slightly above three-week lows.
External background in the morning is neutral. S&P 500 futures are slightly in the red, while high-tech Nasdaq rallies following Microsoft’s report. Oil is growing 0.7% to $ 56.3 per barrel of Brent amid data on the decline in US oil inventories from the API.
On the Russian market, the leaders are VSMPO-AVISMA (+ 2%) and Sistema (+ 1.1%). Heavy shares of Sberbank, LUKOIL, Gazprom are growing within 0.3%.
Metals prices are slightly down in the morning. Shares of Rusal (-0.7%) and Polymetal (-0.3%) are falling.
The dollar against the ruble is held in the area of 75, after at the beginning of the week it renewed the maximums of 2021 and almost reached 76. Today, the USD / RUB pair is decreasing by 0.11%.
The RGBI government bond index is growing by 0.15%.
Today, market participants expect many important events: Putin’s speech at the Davos Agenda online forum, reports from Apple, Facebook, Tesla, operational results of OKEY, PhosAgro, the Fed meeting.
Leaders: VSMPO-AVISMA (+ 2%), Sistema (+ 1.1%), TMK (+ 1%), Mechel-jsc (+ 0.8%)
Outsiders: PIK (-0.8%), Rusal (-0.7%), PhosAgro (-0.7%), Polymetal (-0.3%)
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