STOCKS-Russian stock market closes in the red, Mail.ru leads

STOCKS-Russian stock market closes in the red, Mail.ru leads

STOCKS-Russian stock market closes in the red, Mail.ru leads

MOSCOW (Reuters) – The Russian stock market closes the main trading session with a decline, looking at the mood of the global markets after the publication of US statistics; the leaders of the decline were Mail.ru after the placement of shares and convertible bonds for $ 600 million.

The RTS index dropped to 17.45 Moscow time by 1.16% to 1.181.69 points, the Moscow Exchange index – by 0.49% to 2.902.47 points.

World stock markets are looking more and more nervous, not finding sufficient grounds for growth.

“As the US elections approach, it looks more dubious that a compromise will soon be reached between Republicans and Democrats on a new package of fiscal stimulus measures, the need for which is increasingly being spoken by Fed officials, while the dynamics of the spread of COVID-19 is forcing individual countries to return restrictions. which negatively affects the expectations of investors “, – wrote analysts of IF Olma.

The accelerated placement of Mail.ru caused the company's receipts to fall 5.79% to RUR 2,191.40 on the Moscow Exchange. Together with them, Yandex shares (MCX: YNDX), which jumped up the day before, also showed a decline after the announcement of a potential deal with TCS. Shares of Sberbank (MCX: SBER) were also among those that lost in price.

However, the decline did not affect the entire range of securities, many are closing in positive territory. Here, Polymetal (MCX: POLY) shares the lead after declining for several sessions due to the sale of the stake by the company's main shareholder. Today these shares have recovered 2.4%.

Among the stocks that went up were practically all the stocks of the oil and gas sector led by Lukoil (MM: LKOH), which added almost 2%.

(Olga Popova. Editor Dmitry Antonov)

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