- MOEX Index: 3478.12 (-0.02%)
- RTS Index: 1479.62 (-0.15%)
Russian indices show a slight change at the opening of trading on Wednesday. The Moscow Exchange index is down a modest 0.02%, one step away from record levels after the last two days’ rise, led by purchases in the oil and gas sector. In the dynamics of the liquid securities traded in the evening session, the decline was more significant, which was caused by a deterioration in the external situation and a rollback in oil prices.
Earlier, the rise in oil prices, which at the moment exceeded $ 70 per barrel, provided unconditional support, although today they have already rolled back to $ 66.8. Oil in rubles is held in the area of maximums for 2.5 years.
Overseas, meanwhile, increased volatility remains. Growth stocks have been falling in recent days, and yesterday there was a significant rebound. At the same time, the yield on 10-year government bonds retreated from the highs of the year, but remains above 1.5%.
Heavy shares of Sberbank, Gazprom are losing about 0.5% to a modest 0.2%, shares of LUKOIL are losing 1.2%.
TMK shares are in the lead (+ 4.8%) after news of the purchase of ChelPipe. Bank Saint Petersburg shares are up 2.2% on the news of a 86% rise in net income in the fourth quarter.
In oil stocks there is a fixation after the previous growth. Among outsiders are also shares of M.Video-Eldorado (-2.5%). SAFMAR Group, which controls 73.5% of M.video’s share capital, plans to sell 13.5% of the retailer’s shares under the SPO.
Note that trading in the securities of the Fix Price retailer will begin today in London and on the Moscow Exchange.
The USD / RUB rate is growing by 0.2% to 74.06.
Leaders: YATEK (+ 8.7%), TMK (+ 4.8%), Beluga (+ 3.3%), Bank SPB (+ 2.2%), Ozon (+ 1.2%)
Outsiders: ASKO (-3%), M.Video-Eldorado (-2.5%) Gazprom Neft (-2.1%), Tatneft-up (-1.8%)
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