The Russian stock market started the week in red zone

Trading on the Russian stock market started on Monday with decrease of main indexes: 10:07 GMT, the ruble Mosberg index lost 1.08 per cent to the previous close and was at around 2728,95 item, dollar-denominated RTS index fell 1.09% to 1236,1 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 uncertain or mixed”.

this ITI Capital analysts have concluded that “oil is cheaper on Monday morning, with lingering concerns about the recovery of demand.”

According to experts, “concerns about the increasing number of cases COVID-19 remain.” “Investors are hoping that the local outbreak of the coronavirus will not slow down the recovery of the global economy,” according to a survey of analysts.

overall, it captures mangos, “this morning, futures on US stock indices show a moderate increase in cost in the range of 0.4-0.5%”. “Contracts for oil grade Brent fell by 0.2%. Gold futures added to the price of 0.9%. Chinese stock index Shanghai Composite rose 0.3%. Nikkei225 is teetering on the brink of positive and negative changes”, — says the expert.

Thus, IAC senior analyst “Alpari” Vadim Iosub predicts that the probable daily corridor index Masuri will be in the range of values 2730-2785 points, the RTS index — 1235-1260 points.

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