The stock market closed mixed amid weakening ruble

The stock market closed mixed amid weakening ruble


From the data of the Moscow exchange that the rate of dollar calculations “tomorrow” to 21.15 Moscow time grew by 0.93 ruble — to 77,14 of the rouble, the Euro rate by 0.75 ruble – to 82,82 of the ruble.

MOSCOW, 12 Jan. Elena Likova. The shares Tuesday closed mixed amid weakening of the ruble against the dollar and the Euro.

The MICEX index to closing has grown on 0,76% — to 1695,34 points, the RTS index fell by 0.01% to 699,07 item.

The dollar calculations “tomorrow” to 21.15 Moscow time grew by 0.93 ruble — to 77,14 of the rouble, the Euro rate by 0.75 ruble — to 82,82 of the ruble, follows from the data of the Moscow exchange.

The March futures for Brent crude oil falls by 3,73% to 30,69 dollars per barrel.

Tuesday, January 12, the Russian stock market had highly unstable dynamics, notes Artem Ostapchuk from MFX Broker. The volatility of the market exceeded 4%, he adds.

“During trading session was observed as a sharp drop in the index within 2% and the growth within 1.5%. The reason was the unstable dynamics of oil”, — says the analyst.

Leaders of growth and decline

In leaders of growth – actions “the pole Gold” (4,95%), ALROSA (3,97%), ordinary actions “Surgutneftegaz” (2,7%), NOVATEK (3%), prefs of Rostelecom (2.26 percent), and also the shares of RusHydro (2,06%), NLMK (2,65%), “Aeroflot” (2,29%) privileged shares of “Mechel” (2,25%).

In leaders of decrease — actions Polymetal (-4,99%), Raspadskaya (-2,97%), Magnit (-2,81%), Dixy (-2,46), as well as the shares of the MMK (-2,14%), LSR (-2,09%), M. Video (-1,58%), “Gazprom oil” (-1,54%), LUKOIL (-1,52%) and shares of NCSP (-1.5 percent).

Forecasts and recommendations

On Wednesday, the Russian market will continue to remain at the mercy of the uncertainty, said Ostapchuk from MFX Broker. Investors will continue to monitor the dynamics of global markets and market conditions the price of “black gold”, but the influence can also have and geopolitics, he adds.

It remains to be said that the mood on the Russian stock market on Tuesday has been stabilized as market participants are trying to find ideas for growth, however, is still a critical need for external drivers, said Eugene Loktionov from PSB.

On Wednesday, the MICEX index may promote upward movement in case the quotes of Brent will continue to recover and attempt to return above 33 dollars per barrel, while the Chinese market looks heavily oversold, will follow the American and grows up, he believes.

“Then the stock is quite capable on Wednesday to return to the area 1715-1725 to consolidate its position above the 200-day average. We believe, first of all, on the demand for shares of banks and Gazprom. Otherwise the market will have to implement a scenario of further pullback. Key event tomorrow is the weekly data on the energy market in the US and trade balance data of China,” he commented.