The share market of the Russian Federation and the ruble in the beginning of the day will grow on the return of oil to $50

The share market of the Russian Federation and the ruble in the beginning of the day will grow on the return of oil to $50


According to analysts, it will be possible to observe the increase of the MICEX index in the 1745-1750 area. The rouble will continue growth following oil prices.

MOSCOW, 16 Oct. Dmitry Mayorov. The share market of the Russian Federation and the ruble in the beginning of the day will increase as a result of the refund of oil in the area of $ 50 a barrel Brent.

High interest rates on ruble loans, which is characteristic for the tax period will support the ruble, and the dollar may test the support level of 60 rubles, analysts say.

Forecasts

It is expected to open the market up 0.5% on the MICEX index, around 1740, the nearest significant time to 1730 and 1720, and the resistance will make a mark 1750 and 1765 by MICEX, rate Vitaly Manzhos from the Bank “Education”.

“After the positive start of trading we will see attempts to further increase of the MICEX index in the 1745-1750 area. This contributes to a strong close in the U.S. stock market and morning rise in the cost of oil futures”, he added.

Russian rouble continues to grow after oil prices Friday will be held for the pair dollar-ruble in the framework of the marks 60,9-62,3, appreciated Anna Bodrova from the company “Alpari”.

If oil prices remain at least at the current level and on the geopolitical front is not sharp exacerbations, the ruble has all chances to reach the psychological mark of 60 against the us dollar before the end of this week, praised Artem Ostapchuk from MFX Broker.

External factors

The US stock indices on Thursday rose 1.3% to 1.8% on the background data of quarterly reports of companies.

Net profit is one of the largest financial corporations in the world, Citigroup Inc. for the third quarter of 2015 increased by 51%, to $ 4,291 billion dollars, or 1.35 dollars per share of 0.88 against the dollar a year earlier. Analysts had expected the index value at the level of 1.28 dollars per share. Revenue financial giant declined by 5%, totaling 18,692 billion.

Profit American banking giant Goldman Sachs Group in the third quarter decreased by 38% in annual terms and amounted to 1,330 billion, or 2,90 dollars per share against 4.57 per dollar a year earlier. The experts expected the indicator at the level of 2.91 dollar. Quarterly revenue increased by 6% to 1,556 billion.

Stock futures of US all day down in the range of 0.15%. Asia stocks grew by 0.3 and 1.2% for most indices, the Shanghai — by 1.2%, Japanese 1.1%.

The price of oil hovers around $ 50.2 per barrel mark Brent. The Euro is 1,1392 1,1389 of the dollar against the dollar at the previous auction.

The results of the previous auctions on the Russian market

The Russian stock market on Thursday rose for the main index on a positive external background and the strengthening of the ruble.

The MICEX index to closing has grown on 0,52% — to 1731,91 point (updated in the first half of the day with a maximum of 6 March), the index of RTS — on 1,5%, to 876,23 item.

The dollar calculations “tomorrow” on the basis of currency trading Thursday decreased by 1.32 ruble — to 61,38 of the ruble, the Euro fell to 2.04 ruble — to 69,86 ruble.

The value of the currency basket (0.55 dollars and 0.45 euros) decreased by 1.65 ruble compared to the previous closing and amounted 65,20 ruble.