- Moscow Exchange Index: 3546.46 (-0.33%)
- RTS Index: 1457.93 (-0.6%)
Russian indices are showing a moderate decline at the opening of trading on Monday. The external background worsened somewhat in terms of a 1% pullback in oil prices to $ 64. Oil contracts were not traded on Friday when another negative news agenda emerged – a potential easing of sanctions on Iranian oil exports.
At the same time, S&P 500 futures added 0.3% in the morning after Friday’s strong labor market report. Today, American investors are making a comeback after a long weekend, but trading in Europe will not resume until tomorrow.
Most of the liquid securities on the Moscow Exchange are in the red at the opening, with the exception of VTB (+ 2%). The rally continues in the bank’s securities with the renewal of annual highs.
M.Video shares are growing by 1% after the recommendation of the company’s board of directors to allocate 38 rubles for the payment of dividends. per share. The current dividend yield could be around 5.2%.
At the same time, PIK shares fell 1.5% after the announcement of the approval of a new dividend policy and a recommendation to pay the final dividend for 2020 in the amount of 22.51 rubles per share.
The fixation is observed in the stocks of steelmakers, which showed good growth in the previous two weeks.
The ruble weakly changes against the dollar. The rate of the USD / RUB pair rose to 76.62 (+ 0.09%). The RGBI government bond index is growing by 0.08%.
Leaders: TMK (+ 2.2%), VTB (+ 2%), LSR (+ 1.2%), M.Video (+ 1%).
Outsiders: NLMK (-2%), PIK (-1.5%), MMK (-1.3%), Severstal (-1%).
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