The stock market went deep into the red at the opening

  • Moscow Exchange Index: 3236.13 (-1.15%)
  • RTS Index: 1367.99 (-2.46%)

The Russian market confidently went down at the opening of trading on Monday amid a general deterioration of sentiment on global markets regarding risky assets.

Oil prices are losing 3% in the morning. S&P 500 futures are down 0.3%. Gold for the first time since November rose in price above $ 1,900 per troy ounce.

The successes from the development of a vaccine against coronavirus have already been included in the prices, however, the effect of mass vaccination is still several months away. The news about a new strain of COVID-19 that has spread in the UK, which quickly affects investor sentiment, came at a very inopportune here.

The Moscow Exchange index updated lows since December 10.

A sharp surge of quotes in the first minutes took place in the dynamics of the USD / RUB pair with settlements tomorrow. The course rushed to 75.8. But then it quickly stabilized at 74.2, adding 1.2%.

Given such a conjuncture, shares of gold miners revived, which are now leading: Polymetal (+ 2.7%), Polyus (+ 2.5%), Petropavlovsk (+ 2.4%). The outsiders are the shares of Sberbank and Aeroflot, which is quite expected given such news. We also see pressure in the securities of gas companies: Gazprom (-1.9%), Novatek (-2.2%).

Leaders: Polymetal (+ 2.7%), Polyus (+ 2.5%), Petropavlovsk (+ 2.4%), Seligdar-JSC (+ 1.4%)

Outsiders: TMK (-2.6%), Sberbank-up (-2.4%), Novatek (-2.2%), Aeroflot (-2.1%), Gazprom (-1.9%), Sberbank -ao (-1.8%)

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