The Russian stock market started the week in red zone

Trading on the Russian stock market started on Monday with decrease of main indexes: 10:00 GMT the ruble Mosberg index lost 0.51 per cent to the previous close and was at around 2747,61 item, dollar-denominated RTS index fell 0.41% to 1241,61 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 negative.”

for his part, analyst IK “VELES the Capital” Elena Kozhuhova notes that “oil prices continue to fall late last week, and the mood in world stock markets mostly pessimistic.”

At the same time, the analysts of the ITI Capital, “investors fear that the spread of coronavirus delay the restoration of economic activity and will lead to new quarantine restrictions”.

overall, it captures mangos, “this morning, futures on US stock indexes demonstrated irregular multidirectional deviation value in the range of 0.3%”. “Contracts for Brent crude fell by 1.9%. Gold futures added to the price of 0,4%. Chinese stock index Shanghai Composite fell 0.7%. Nikkei225 declined by 2.2 percent,” — said the expert.

Thus, the senior analyst “Alpari Eurasia” Vadim Iosub predicts that fluorescent corridor index Masuri will be in the range of values 2730-2785 points, the RTS index — 1230-1255 points.

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