Russian Stock Market Update: Oil Prices, Ruble Strength, and Trading Volume Growth

Russian Stock Market Update: Oil Prices, Ruble Strength, and Trading Volume Growth

Main • The Russian market, after a positive opening, sank against the backdrop of falling oil prices and a strengthening ruble. Despite the fact that oil prices continued to decline, the Moscow Exchange index managed to rise in the second half of trading, closing at a new two-week high. • Following the initial weakening, the … Read more

Latest Updates on Moscow Exchange Index, OFZ, and External Background

Latest Updates on Moscow Exchange Index, OFZ, and External Background

Main • The Moscow Exchange index remains above 3200 points. • OFZ continue to grow rapidly. In detail The Moscow Exchange index is showing a weak rise and remains sideways. The index currently remains above 3,200 points. Heavyweight stocks Sberbank, Gazprom, LUKOIL increase the price slightly. Shares of a third-tier company look worse than the … Read more

Maxim Shein’s ‘No Bad News’ Weekly Investment Show on BCS World of Investments: Making Money on Every News

Maxim Shein’s ‘No Bad News’ Weekly Investment Show on BCS World of Investments: Making Money on Every News

“No Bad News” is a weekly news show about investments on the BCS World of Investments channel, in which Maxim Shein proves that you can make money on every news, no matter how bad it is. In this issue: — The main topic is new US sanctions. Which Russian companies are subject to restrictions and … Read more

VTB Shares: Short Term Decline and Long Term Recovery Outlook – BCS World of Investments

VTB Shares: Short Term Decline and Long Term Recovery Outlook – BCS World of Investments

In the last trading session, VTB shares fell by 0.86%, to 2.53 lots. The securities looked worse than the market. Trading volume exceeded 3.5 billion rubles. Short term picture • At the end of last week, VTB shares were actively declining from the maximum reached in October. The bearish divergence on the RSI on the … Read more

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