The shares traded in the green zone amid rising oil prices

The shares traded in the green zone amid rising oil prices

Against the background of growth of the Russian currency and oil prices, the MICEX index grew up to 1847,77 points, RTS index – to 786,82 item. Analysts expect consolidation of the Russian indexes at current levels.

MOSCOW, 1 Mar. Elena Likova. The Russian stock market grew on Tuesday on the main index after oil and the ruble.

The MICEX index grew by 15.26 GMT on 0,41% — to 1847,77 points, RTS index — on 2,34% — to 786,82 points, follows from the data of the Moscow exchange.

The dollar calculations “tomorrow” has decreased by 1.21 ruble — to 73,99 of the rouble, the Euro rate by 1.38 ruble — to 80,46 ruble.

The may futures for Brent crude grew by 0.71% to 36,83 per barrel.

Corporate history

Shares of “Aeroflot” refers to 6,74% amid reports about a decrease in the net loss of the group under IFRS in 2015 by 2.6 times compared with the previous year, to 6,494 billion.

Group revenue rose by 29.8% and amounted to 415,173 billion. The company explains the increase in revenue proactive approach to the management of network and revenue, as well as high operating results in the segment of domestic transportation.

Leaders and outsiders

Among leaders of growth — actions “the pole Gold” (4,38%), paper “RUSAL” (ordinary shares increased by 3,74%, DDR – on 3,47%), ordinary actions “Rostelecom” (2%), the shares of Sollers (1,49%), Raspadskaya (up 1.44%) and the shares of PhosAgro (1.4 per cent).

Among leaders of decrease — actions “Russian grids” (-2,87%) and “Akron” (-2,26%), NCSP (of 1.4%), “Pharmacy chain 36 and 6” (-1,25%) and the campaign “E. on Russia” (-1,08%).

Forecasts and recommendations

In the afternoon, it is expected consolidation of Russian indices at the current levels after strong growth over the past few trading sessions, said the head of analysis foreign exchange risks the Dukascopy Bank SA Evgeny Abramovich.

On the sentiment of market participants will affect the expectations of the release of the minutes of the fed meeting, which will take place on Wednesday evening, she adds.

The MICEX index can break through the highs of 1870 points or to come close to him, believes Georgy Vashchenko of “freedom Finance”. Better the market shares of oil and gas and the financial sector, he adds.

The Russian stock market on the first day of spring keeps spirit to strengthen, however, after the purpose in 1850 points on the MICEX index to continue growing to be much more complicated, says analyst IK “Okay Broker” Alexey Kuzmin.

In this regard, short-term may experience a delay that will provoke or start a new consolidation, or some cooling, he said. In the medium term, the breakout of the current resistance level in the area of new highs remains as the dominant idea, the analyst adds.

The MICEX index will hold an auction Tuesday in the 1830-1860 range of items, says Anna Kokoreva of “Alpari”. “Spring Russian investors meet at multi-week highs, and this is a very interesting fact,” she says.