The Russian stock market started the week on a positive note

Trading on the Russian stock market started on Monday with growth of main indexes: 10:00 GMT ruble-denominated index Mosberg up 0.43% to the previous close and was at around 2804,75 points, the dollar index of RTS has risen on 0,03% to 1286,19 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 continue to rise, after rising Friday, as sentiment on global stock markets remain positive.”

for its part, the ITI Capital analysts indicate that “the world prices for oil on Monday grow after news that the member countries of OPEC+ following the meeting on Saturday decided to extend the agreement to reduce oil production to 9.7 million barrels per day by the end of July”. “Support to oil quotations also has good statistics for may and restart the global economy” — experts underline.

overall, it captures mangos, “this morning, futures on US stock indices show a slight increase in the range of 0.1-0.3%”. “Contracts for Brent crude has risen in price by 1.9%. Gold futures have increased in price by 0.6%. Chinese stock index Shanghai Composite has grown on 0,2%. Nikkei225 was up 1%,” — 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 2765-2820 points, the RTS index — 1275-1300 points.

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