The MICEX and RTS indexes fell by 2-3%

The MICEX and RTS indexes fell by 2-3%

MOSCOW, 8 February. The stock indices of the Russian Federation ended the day decrease. So, the MICEX index (MICEX) on the results of today’s trading on the Moscow stock exchange fell by 2.04% to 1744,27 points, and RTS – on 3,01% to 704,03 item.

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The MICEX and RTS indexes jumped 2% to 6% on the background of rising oil

“Today the MICEX goes down again and crept close to strong support in the area 1745-1750 points. A breakdown of these values may speed up the decline, but drivers for this are still few,” believes the expert of “BCS Express” Ivan Kopeikin.

Russian stocks fell after oil. The cost of futures for oil of mark Brent with delivery in April 2016 on the stock exchange ICE in London fell by 2.08 per cent to 33,35 USD per barrel.

“Since the prospects for the ruble remain associated with the oil, but the fed can still speak in favour of raising interest rates before the U.S. Congress on Wednesday, on expectations of falling oil prices 1% pair dollar/ ruble on Tuesday, may grow to 78 rubles, and the RTS index can fall to 702 points, the fall of the ruble-denominated MICEX index to 1738 points,” predicts the Director of the analytical Department of the IR “Golden Hills – Kapital AM” Mikhail Krylov.