The Russian stock market opened with a decline of RTS index and MICEX index at 0.5-0.6%

Moscow. April 27. The Russian stock market opened on Thursday the corrective decline in blue chips after the world’s sagging areas due to the lack of specifics in the administration of US President’s plan for tax reform; indexes MICEX and RTS per minute bidding subsided by 0.5-0.6%.

By 10:01 GMT MICEX index amounted to 2017,83 paragraph (-0,5%), RTS index – 1112,13 points (-0,6%); ruble prices of most of the major “chips” on the Moscow stock exchange fell in the range of 1.5%.

The dollar dipped to 57 rubles (-0,16 rubles).

Cheaper ruble VTB shares (-0,5%), Gazprom (-0,2%), “Gazprom oil” (-1,7%), “LUKOIL” (-0,5%), Magnit (-0.4 per cent), “Masuri” (-1.5%), The “Mobile TeleSystems” (-0,7%), NOVATEK (-0,9%), “Norilsk Nickel” (-0,4%), Rosneft (-0.4 per cent), Russian grids (-1,1%), “Rusala” (-0,8%), RusHydro (-0,7%), Sberbank (-0,3%), “Surgutneftegaz” (-1,1%), “FGC UES” (-1,4%).

Published in the United States on Wednesday, moderately subsided, investors evaluate the plan of tax reform Donald trump and reporting of large companies.

Earlier, the Minister of the Treasury Steven Mnuchin and the head of the National economic Council Gary Cohn published a one-page document containing some of the provisions of the planned reform. In particular, they specify the intention to provide one-time tax relief in respect of “trillions of dollars” of funds that American companies keep in foreign accounts.

Nevertheless, market participants in General were dissatisfied with the lack of detail promised reforms, which the President Donald trump previously called “phenomenal”, but no specifics in this document, investors have not seen (in particular, the anticipated size of the new tax rates).

In Asia on Thursday, stocks followed by the United States after five bullish sessions in a row amid weak statements of a number of large companies. In China, the profit of the largest industrial enterprises of the country in March jumped by 23.8% yoy.

In addition, on Thursday, declining oil prices, investors digested data on the fuel reserves and production in the United States. The cost of July futures for Brent crude by 10:01 GMT on Thursday was $52,16 per barrel (minus 0.5% and -0.5% before), the June price of WTI – $49,34 per barrel (down 0.6% and +0.1% in medium).