The stock market corrected amid strengthening of the ruble

The stock market corrected amid strengthening of the ruble


According to the trades, the MICEX index grew by 16.42 GMT by 2.41% and the RTS index – on 3,06%. The March futures for Brent crude grew to 29,53 USD per barrel.

MOSCOW, 19 Jan. A shares Monday significantly adjusted upwards due to strengthening of the ruble and a rebound in oil prices, mark Brent above $ 29 per barrel.

The MICEX index grew by 16.42 GMT by 2.41% to 1661,47 points, RTS index — on 3,06%, to 666,72 points, follows from the data of the Moscow exchange.

The dollar calculations “tomorrow” has decreased on 0,8 ruble — to 78,49 of the ruble, the Euro — 1.15 ruble to ruble 85,27.

The March futures for Brent crude grew to 3,43% — to 29,53 USD per barrel.

The growth of “Pharmacy chain 36 and 6”

The shares of “Pharmacy chain 36 and 6” on the Moscow stock exchange is growing at 22,75% (morning jumped by 35% to 21,45 ruble), reacting to corporate news on merger of networks “36,6” and A5.

Monday after the close of trading on the Moscow stock exchange it became known that shareholders “Pharmacy network “36,6” and the controlling shareholders of A5 Pharmacy Retail Limited, which is the parent company network of the A5, has reached a preliminary agreement on the merger of networks.

The merger is planned to be implemented in the framework of additional issue of shares of PJSC “pharmacy chain 36.6”, which will remain the parent company of the joint future group. The issue will be carried out in the form of an open subscription, part of which will be paid through the Deposit of shares and (or) shares of operating companies network A5. The remaining part will be asked to purchase the PJSC shareholders and other investors.

The price of shares issued during the additional issue, will be determined by the Board of Directors “36,6”, the report States. A final decision on the additional issue and its parameters will be taken at the extraordinary General meeting of shareholders “36,6”, which will take place on 4 March.

Leaders of growth and decline

Among leaders of growth — actions “inter RAO UES” (5,35%), the ordinary shares of Tatneft (4,85%), Sollers (4,68%), “Akron” (4,66%) and Aeroflot (4,17%).

Among leaders of falling — actions “E. on Russia” (-1,11%), Peak (-0,62%), Uralkali (-0,51%), “Polyus Gold” (-0,5%).

Forecasts and recommendations

The release of key foreign statistics today is not expected, so, most likely, the main movement of the Russian market have already taken place in the first half of the day, said Vitaly Manzhos from the Bank “Education”. “The expected closure of the MICEX index in the 1650-1670 range of items, with the increase in the range of 1.7-3% at the end of the day,” he adds.

Head of analysis foreign exchange risks the Dukascopy Bank SA Evgeny Abramovich expects growth of investors ‘ activity due to the beginning of the trading week in the US.

“In our view, in the next few days the Russian share indexes will show correctional growth, the recovery in prices on commodity markets. We do not expect the publication in the USA or China data, which would have a negative impact on sentiment,” she notes.