The Russian stock market has grown, looking at oil and world markets

The Russian stock market has grown, looking at oil and world markets

The Russian stock market has grown, looking at oil and world markets

MOSCOW (Reuters) – The Russian stock market closes the main trading session on an optimistic note, supported by also bullish global markets and surging oil.

The RTS index added 0.12% to 1.166.63 points by 18.35 Moscow time. The index of the Moscow Exchange added more noticeably – 1.13% to 2.929.35 points, which is typical when the ruble declined against the dollar.

“Note that the Moscow Exchange index during today's session managed to restore its positions above 2.900 points. However, so far the picture emerging on the index chart speaks in favor of the continuation of negative dynamics, as a result of which we expect the market to test support at the level of 2.850 points,” Bogdan suggested Zvarich from Promsvyazbank.

The dynamics of better than the market today was again successful for a number of retailers' securities: this time Lenta's receipts (MCX: LNTADR) added 5.63%, and M.video (MCX: MVID) shares – 4.12%.

The growth leaders of the last sessions – X5 receipts (MCX: FIVEDR) – on the contrary, led the decline on Monday, having lost 1.3% in price, as did Rusal (MCX: RUAL) and Gazprom, which lost about 1.3% each.

In index papers, shares of InterRAO (MCX: IRAO) are again in the lead – 3.08%, and also Petropavlovsk – 3.45%. They were joined by shares of Yandex (MCX: YNDX) and Qiwi (MCX: QIWIDR) – 2.65% and 1.94%, respectively.

(Olga Popova. Editor Dmitry Antonov)

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