The Russian stock market completed trading under selling pressure together with external stock exchanges after the last meeting of the US Federal Reserve, where no new economic stimulus programs were announced. The weakening ruble provided some support to the Moscow Exchange index.
In Asia, negative indices prevailed on Thursday (the Japanese Nikkei 225 sank 0.7%, the Chinese Shanghai Composite index lost 0.4%, Hong Kong's Hang Seng fell 1.6%), Europe traded in the red, opened on a downtrend and America.
The Fed kept the federal funds rate in the range from 0% to 0.25% per annum, as expected; most Fed leaders expect the base interest rate to remain in the current range until the end of 2023. At the same time, there were no announcements of new measures to support the US economy, which disappointed investors.
The Bank of Japan at its regular meeting, which ended on Thursday, decided to preserve the ultra-soft parameters of monetary policy, as predicted by most experts. At the same time, the Central Bank gave a slightly more positive assessment of the state of the country's economy than at the end of the July meeting, and noted that an immediate expansion of incentives is not required to combat the coronavirus infection COVID-19.
Oil on Thursday won back part of the morning decline and moved to growth. Hurricane Sally hit the coast of Alabama on Wednesday morning. As of Wednesday, about 27.5% of oil production capacity in the Gulf of Mexico has been shut down, according to estimates by the US Bureau of Safety and Environmental Affairs, cited by MarketWatch.
The Moscow Exchange index fell by 0.11% – to 2971.74 points.
The RTS index sank 0.68% to 1243.29 points.
The leaders of the decline among blue chips were shares of Gazprom Neft (MCX: SIBN), Tatneft (MCX: TATN), Rosneft (MCX: ROSN), LUKOIL (MCX: LKOH).