The stock market closed mixed amid falling ruble

The stock market closed mixed amid falling ruble

According to the Moscow exchange, MICEX index to closing has grown to 1622,43 points, the RTS index fell to 646,9 paragraph amid falling ruble and oil prices Brent.

MOSCOW, 18 Jan. Elena Likova. The shares closed mixed on Monday on the major indexes amid falling ruble and low quotations of Brent crude oil traded below $ 29 per barrel.

The MICEX index to closing has grown on 0,87% — to 1622,43 points, the RTS index has decreased on 0,93% — to 646,9 item.

The dollar calculations “tomorrow” to 21.30 Moscow time grew by 1.67 ruble — to 79,29 of the ruble, the Euro — 1.64 ruble — to 86,32 ruble, follows from the data of the Moscow exchange.

The March futures for oil of mark Brent has decreased on 1,05%, to 28.66 USD per barrel.

Reaction to the lifting of sanctions with Iran

In the morning, oil prices showed an emotional reaction to the lifting of sanctions with Iran, Brent quotes fell to 28 per barrel, Andrey Kochetkov notices from the company “Opening Broker”.

The initial negative reaction of participants of the commodity market to the news about lifting the oil embargo against Iran is in danger of replaced by a short-term rebound in the value of contacts for “black gold” up, said Vitaly Manzhos from the Bank “Education”.

“We expect a fairly quick return of oil futures both key varieties to around $ 30, near which they can go into a state of volatile consolidation. This is purely a technical point. Hardly now the prices will go much lower without attempting to return to such an important level. Moreover, the Iranian factor has already been largely laid out in the quotations,” he comments.

After removal from Iran of most of the economic sanctions imposed by the EU and the US, shows the profit on the protective assets, said Sergei Kochergin from the Exness group of companies. In the coming weeks we can expect the stabilization of oil prices in the range of 25-30 dollars, he said.

Leaders of growth and decline

In leaders of growth – paper “Surgutneftegaz” (the preferred shares have risen on 4,65%, ordinary – on 3,74%), shares of Moscow exchange (4,11%), the shares of “Magnet” (3,11 per cent), “NorNickel” (2,98%), Severstal (2,98%), “Pharmstandard” (2,69%), MMK (2,39%), VSMPO-AVISMA (1,89%).

In leaders of decrease — actions LSR (-5,38%), Aeroflot (-3,04%), “Polyus Gold” (-2,45%), Sistema (-2,04%), Polymetal (-1,83%), “Enel Russia (-1,76%), equities of KAMAZ (-1,57%), ordinary shares of “Mechel” (-1,57%) and Sberbank (-1,28%).

The Growth Of Transaero

The shares of the company “Transaero” has jumped in the second half of the trading day on 67,47% to 8,29 of the ruble in the absence of news and low trading volumes.

To 18.17 MSK shares of Transaero airlines rose on 57,58% to 7.8 ruble. Trading volume is about 1 million rubles.

Forecasts and recommendations

The MICEX index on Monday kept the 1600-1620 area points, however, to talk about the power of buyers obviously early, says Evgeny Loktionov from PSB. “While the current movement we are treated as a local correction and we see limited growth potential,” he says.

If tomorrow’s data on China’s GDP for the fourth quarter of 2015 will be at the level of expectations (the growth rate will be 6.9 per cent), it will create preconditions for the correction in global stock indices up, says Kochergin from the Exness group of companies. The MICEX index in the near future will try to test the level of 1650 points, predicts the analyst.