Stocks in Russia are traded mixed amid falling oil and the ruble

Stocks in Russia are traded mixed amid falling oil and the ruble


The MICEX index grew by 0.22% to 1722,93 points, the RTS index fell by 0.54% to 761,61 points, follows from the data of the Moscow exchange.

MOSCOW, 21 Dec. Elena Likova. The share market of the Russian Federation in the second half of Monday trading mixed in the major indices on the background of falling oil prices and the ruble.

The MICEX index to 16.06 Moscow time grew by 0.22% to 1722,93 points, the RTS index fell by 0.54% to 761,61 points, follows from the data of the Moscow exchange.

The dollar calculations “tomorrow” grew by 35 cents to 71.3 ruble, Euro — by 31 kopecks to the ruble 77,42.

Leaders and outsiders

Among the leaders of the market – shares of Polymetal (5,59%), “Polyus Gold” (3,44%), Sistema (or 3.28%) and “Akron” (2,12%), Sberbank prefs (2.99%) and common shares of Mechel (2,82%), ordinary shares of Bashneft (2,07%), “E. on Russia” (1,86%), Uralkali (1.61 percent) and the shares of “Pharmstandard” (1,61%).

The shares of MegaFon fall on 7,29% under the dividend cutoff for interim dividends for 9 months.

Among leaders of falling – actions “M. Video” (-4,91%), Norilsk Nickel (-2,19%), “inter RAO UES” (-2,08%), MTS (-2,01%), Raspadskaya (-1,94%), and TMK’s shares (-1,72%) and “Mosenergo” (-1,43%).

The company’s shares Polymetal International lists included in the FTSE4Good Global Index and FTSE4Good Europe Index, said Daria Zhelannova from Alpari.

“FTSE4Good is a stock index group, intended to increase investment in companies that meet globally recognized corporate responsibility standards. All companies included in the FTSE4Good Index Series meet stringent environmental, social and governance criteria and are positioned appropriately,” she explains.

Along with Polymetal International in FTSE4Good Global Index includes companies such as Apple, Microsoft and Wells Fargo. In the FTSE4Good Europe Index includes such giants as Nestle, Novartis and Bayer, the analyst adds.

Forecasts and recommendations

“By the end of the year financial markets have accumulated too much negativity, the danger lies in his transfer in January, when stock markets are illiquid,” says Zhelannova.

The MICEX index will hold an auction in the range 1705-1740 points, she said.

The main events of the year has already happened, we are entering the homestretch, says Nicholas Podlevskikh from “Zerich capital Management”.

“The coming week on the main trading floors will already be shortened on the occasion of the celebration of Christmas. For us the main intrigue remains declining oil prices. The spring is compressed there prices to unprecedented stresses, but a compilation of events and factors continue to contribute to further test the strength reached the bottom,” — says the analyst.

Head of trading strategies Dukascopy Bank SA Daniil Egorov predicts a smooth decrease of the Russian share indexes following the securities of commodity companies.