The Russian stock market increases fall along with the ruble

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Major world stock indexes on Thursday declined rapidly. European markets lost per day, more than 3%, the U.S. managed to the end of the day, after the close of markets in Europe, partially to win back losses. On this red background has declined, and the Russian market. At the end of the day the ruble Mosberg index lost 1.36 per cent, the dollar index of RTS has fallen more due to the growth of the dollar by 1.64%. Among leaders of decrease – Mechel (-3,16%) and Gazprom (-2,4%). The Dow 30 fell during the day on 0,32%, although intraday fell for a short time below the lows reached on November 23.
On the morning of Friday the indices of the Asia-Pacific has gained 0.1% vs. -0.8%. Futures on the S&P 500 index was trading in the morning about 2687 points, 0.14 percent below the levels of the previous day’s close. Decreasing morning oil and the growing Asian site asking controversial external background before opening the Russian stock market, which will begin trading neutral, and will continue to monitor progress on the OPEC meeting+. Likely day the corridor index Mosberg is in the range of values 2390-2435 points, the RTS index is within the boundaries of 1125-1145 points. Today “Sberbank” will publish the financial reporting under RAS for the 11 months.
Following the stock market and oil decreased on Thursday and the ruble. At the end of the day on the Moscow exchange, the dollar calculations “tomorrow” rose to 66,8675 RUB (+29,75 COP.), and the European currency has grown to RUB 76,1000 (+57 kopecks). Now as the ruble may begin, after oil, a small decline, and then market focus will remain OPEC meeting+ and its impact on oil prices. The evening world currency markets will be watching the statistics from the US labor market. Expected daily trading range for dollar is 66.2-67,5 rubles, for European currency — 75,3-76,9 RUB.
By Friday morning quotes black gold is moderately decreased to $59.5 per barrel. Likely daily range for today’s trading of Brent crude is us $58.9-$60,1 per barrel.
Vadim Iosub,
Senior analyst,