As of 16:03 and the RTS index grew by more than 2.3%, reaching 902 points. This is the maximum value of the index from November 24 last year. Then in the course of trading, the RTS index reached 901 points, but at the close it fell to the level of 897 points.
The MICEX index reached the mark of 1905 points. This is the maximum rate since March 23, when the maximum index stood at 1906 points.
The leaders of the Russian market of RTS the shares of Sberbank, Rosneft, Aeroflot, whose growth exceeds 3%.
In the second half of the day is expected to decrease the activity of the participants, however, the indexes will be able to keep an upward attitude. To move the same above 1910 points on the MICEX is still difficult, quotes Agency “FINAM” Anna Kokorev, Deputy Director of the analytical Department of “Alpari”.
Head of the analytical Department IR “RICK TRUST” Oleg Abelev draws attention to the fact that while there is a small imbalance in favor of the agreement to reduce oil production all pointed countries, and this is positive dynamics on the Russian stock market. “If we reach an agreement to limit production fails, then OPEC will continue to boost oil production in 2016-m to year, which in turn could bring down the price up to $30 per barrel,” he said.
As of 16:07 GMT the price of a barrel of North sea Brent reached $42,23.