The Russian stock market opened higher, MICEX and RTS, by 0.3-0.4%


Moscow. May 19. INTERFAX.RU – the Russian stock Market opened on Friday, the correctional price growth blue chips amid a rebound in world sites after the fall, indexes MICEX and RTS per minute bidding rose 0.2-0.5 percent.

By 10:01 GMT MICEX index amounted to 1973,86 points (+0,3%), RTS index – 1080,92 points (+0.4%); ruble prices of most of the major “chips” on the Moscow stock exchange rose by less than 1 percent.

The dollar dipped to 57,26 ruble (ruble -0,32).

The leaders of growth are ruble-denominated shares of ALROSA (+1%), VTB (+0,5%), “Gazprom” (+0,1%), Mechel (+1%), “Norilsk Nickel” (+0,6%), “Rosneft” (+0,6%), Russian grids (+1%), “RusGidro” (+0,4%), Sberbank (+0.5% and +0,65 “preferred shares”), Sistema (+1,6%), “FGC UES” (+0,5%).

Slipped paper of LUKOIL (-0.2 Percent), Magnit (-0,3%), “Surgutneftegaz” (-0.1%) and “Tatneft” (-0,1%).

Indexes in the U.S. rose after falling sharply a day earlier as positive statistical data, statements of regulators and the performance of the stocks of high-technology sector offset the impact of political crises in the U.S. and Brazil, writes the Financial Times.

However, analysts warned the continuing political risks.

Treasury Secretary Steven Mnuchin Thursday again voted against crushing the biggest banks on wall street. Chairman of the budget Committee of the house of representatives said that now is the time for decisive tax reform. The white house also formally notified Congress of intent to begin negotiations on the revision of the NAFTA agreement North American free trade area.

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