Trading on the Russian stock market began on Friday with growth of main indexes: 10:00 GMT ruble-denominated index Mosberg up 0.48% to the previous close and was at around 2779,59 item, dollar-denominated RTS index rose by 0.71% to 1266,21 points, according to data from the Moscow exchange.
As noted by a senior risk Manager IR “Algo Capital” Vitaly mangos, “the external background before bidding in Russia can be characterized as moderately positive.”
At the same time analyst IK “VELES the Capital” Elena Kozhuhova notes that “oil prices are rising slightly after rising the day before, and the mood on the global stock exchanges went on improving.”
for its part, the ITI Capital analysts indicate that the optimism in the markets support news about restarting the economies of the countries affected by the pandemic coronavirus infection COVID-19. “Market optimism is also due to news that the ECB increased monetary stimulus to $ 1.3 trillion 750 billion euros. Now the EU ranks second after the US, the largest aid package of the economy. The fall of the economy in the Eurozone this year will be bigger than USA, and therefore the Sep may require additional measures of support,” — experts underline.
overall, it captures mangos, “this morning, futures on US stock indices show a significant increase in the range of 0.3-0.7 percent”. “Contracts for Brent crude rose 0.5%. Gold futures lost 0.6 percent. The Chinese Shanghai Composite index dropped 0.2 percent. Nikkei225 grew by 0.3%,” — said the expert.
Thus, IAC senior analyst “Alpari” Vadim Iosub predicts that the probable daily corridor index Masuri will be in the range of values 2740-2795 points, the RTS index — 1245-1270 points.
Stories about how you tried to get help from the Russian state in terms of coronaries and what came of it, email it to COVIDemail@example.com