Russian Stock Market Update: Ruble Strengthens, Oil Stocks Under Pressure

Russian Stock Market Update: Ruble Strengthens, Oil Stocks Under Pressure

Main • The Russian market held a sideways trading session. Oil stocks were put under pressure by falling oil prices, as well as the strengthening of the ruble. Against the backdrop of a strong national currency, the metallurgy and mining sector lagged behind. • The ruble rose in price throughout the session, updating local peaks. … Read more

Top Trading Turnover Stocks on the Moscow Exchange: VK, Mechel-AO, Norilsk Nickel, Yandex

Top Trading Turnover Stocks on the Moscow Exchange: VK, Mechel-AO, Norilsk Nickel, Yandex

At the Friday trading session on the Moscow Exchange, the typical Sberbank and Gazprom are not in the top in terms of trading turnover. At 12:20 Moscow time the following stocks took the lead: • VK: trade turnover – 7.4 billion rubles.• Mechel-AO: RUB 5.0 billion.• Norilsk Nickel: RUB 3.7 billion.• Yandex: 2.4 billion rubles. … Read more

Mechel Stock Update: Shares Rise by 2.38% with Positive Growth Outlook

Mechel Stock Update: Shares Rise by 2.38% with Positive Growth Outlook

Mechel shares rose by 2.38% in the last trading session. The closing price was RUB 232.27. The securities traded better than the market. The trading volume amounted to 9.13 billion rubles. Short term picture • The stock hit its next upside targets of 240.9-245.9 midweek. After the pullback, a new growth impulse appeared. The technical … Read more

LUKOIL Shares Rise by 1.26% | Analysis and Outlook

LUKOIL Shares Rise by 1.26% | Analysis and Outlook

On the previous trading day, LUKOIL shares rose by 1.26%, closing at 7335 rub. The paper looked at market level. The share trading volume on the main market amounted to RUB 10.8 billion. with an average of 8.1 billion rubles per month. Short term picture • LUKOIL shares continued to grow on Monday, but the … Read more

Analysis of Ruble Consolidation and Potential Surge in Volatility

Analysis of Ruble Consolidation and Potential Surge in Volatility

Main • The ruble has been consolidating at 97 per US dollar for several days now. A sideways trend is a common thing after a surge in volatility, but another surge is ahead. In the medium term, the ruble is more likely to strengthen than to fall again to annual lows. • On the global … Read more

Russian Market Opens with Upward Gap and Maintains High despite Oil Drawdown: Market Analysis and Stock Updates

Russian Market Opens with Upward Gap and Maintains High despite Oil Drawdown: Market Analysis and Stock Updates

Main • The Russian market opened with an upward gap and maintained upward dynamics throughout most of the session due to the currency factor. The Moscow Exchange index closed at a new monthly high in good plus, despite the oil drawdown. Trading volume increased noticeably. • The ruble recovered after a negative start, but failed … Read more

Sberbank Shares: Analysis, Outlook, and Potential for Growth in 2023

Sberbank Shares: Analysis, Outlook, and Potential for Growth in 2023

Sberbank shares have been growing 0.9% since the opening of the session and are trading around 265.4 rubles. Short term picture • Sberbank shares on Friday formed the basis for updating the monthly maximum and today, from the opening of trading, they will implement this scenario. • The next nearest resistance is the horizontal level … Read more

Sberbank Shares: Short Term Outlook, External Background, and Long Term Picture

Sberbank Shares: Short Term Outlook, External Background, and Long Term Picture

Sberbank shares have been growing 0.9% since the opening of the session and are trading around 265.4 rubles. Short term picture • Sberbank shares on Friday formed the basis for updating the monthly maximum and today, from the opening of trading, they will implement this scenario. • The next nearest resistance is the horizontal level … Read more

ČEZ Shareholders Set to Receive Record Dividend: 145 Crowns per Share

ČEZ Shareholders Set to Receive Record Dividend: 145 Crowns per Share

ČEZ, the energy company majority-owned by the state, has proposed a record dividend payout of 145 crowns per share. This move would distribute the company’s entire profit from last year, with shareholders set to receive 78 billion crowns, the state receiving 54 billion crowns, and the remaining amount going to minority shareholders. Following the announcement … Read more

PT IMC Pelita Logistik Distributes Record Dividend of IDR 261 Billion, PSSI Stock Code Soars

PT IMC Pelita Logistik Distributes Record Dividend of IDR 261 Billion, PSSI Stock Code Soars

Jakarta – PSSI will distribute dividends of up to IDR 261 billion. However, the PSSI in question is not a football governing body in Indonesia, but PT IMC Pelita Logistik Tbk, which has the PSSI stock code. The PSSI GMS approved the use of a portion of the Company’s net profit for the 2022 financial … Read more