One of the main indices of the Moscow exchange ruble MICEX index — for the second consecutive day updates historical maximum. In the course of trading on 24 November, the index reached 2100,58 points, which is approximately 0.7% above the closing level of the environment.
Above 2100 points, the MICEX index rose for the first time in the history of trading. The previous record was registered on 23 November, when the index reached 2085,75 paragraph and before — 10 November (2076,44 points).
One of the main sources of growth of the MICEX were shares of Sberbank, has risen in price on Thursday to a historic high. During the trading value of the securities of the Bank rose to 159,89 RUB apiece, which is about 3% higher than the closing level on 23 November. More than 2% shares rose “Rostelecom”, “M. Video” and “RUSAL”.
Dollar-denominated RTS index in the course of trading on the Moscow stock exchange on Thursday is also growing. At the peak of his value reached 1028,77 item that is high in about half a year.
The growth of quotations in the Russian stock market amid a slight increase in world oil prices, which on Thursday held above $49 per barrel. The analyst of Department of the analysis of share market IK “Veles the Capital” Igor Arnautov believes that the second half of day dynamics of the Russian stock market will be weak due to low activity of investors in connection with the celebration of thanksgiving Day in the United States.
The dollar and the Euro, largely because of the day in the United States on Thursday, hovering near the close of trading on November 23. In the further course of the Russian currency, according to the head of analytical Department of Bank “Zenith” Vladimir Evstifeeva, will follow the dynamics of oil prices.
“Given the fact that the influence of the tax period, the ruble is already much less, the Russian currency will move following the movement of oil prices and currencies of emerging economies. Yesterday the weakening of the dollar by 1% showed the majority of commodity currencies in emerging markets, so the ending of tax payments the ruble will return the same correlation with them”, — the expert believes.
15:25 MSK cost of a barrel of Brent crude on the ICE futures exchange was $49,2, the value of the MICEX index reached 2098,28 points, RTS — 1027,04 points. The dollar on the Moscow stock exchange by this time made up 64,36 Euro — 68,05 RUB.
The MICEX index began on 22 September 1997 with 100 points, the historical minimum value of the MICEX index was recorded on 5 October 1998 (18,53). The MICEX index is based on 50 shares of Russian companies representing the key sectors of the economy, including Gazprom, LUKOIL, Sberbank, NOVATEK, Rosneft, Uralkali, MegaFon and so on.