The Russian stock market is slowing, the Dow Jones rose by 0.91%

  • And
  • +A

On the Russian stock market, we observe a slowdown in volatility amid expectations of large investors meetings between the leaders of Russia and the USA. Due to the fact that oil prices have shown a renewed decline, as stocks ended the day mixed, with a predominance of the negative zone closing, the index of Masuri sank down 0.6%, while the RTS index fell to minus 0.75 per cent. Leaders of falling were shares of the following companies: NOVATEK (MCX: NVTK) dipped by almost -2%, Surgutneftegas (MCX: SNGS) was down -1.74%, NLMK (MCX: NLMK) fell -1.85%), Transneft (MCX: TRNF) has fallen by -3.74%. But shares of Gazprom (MCX: GAZP) slightly rose by +0.21%.
Positive for Gazprom, we can assume that the registry has not yet closed and shareholders may obtain annual dividends. Leaders of growth of the Russian stock market can be described the following companies: Norilsk Nickel (MCX: GMKN) climbed +0.89%, Sberbank (MCX: SBER) gained +0.6%, Tatneft (MCX: TATN) rose +0.45%, Magnit (MCX: MGNT) was up +0.4% and Aeroflot (MCX: AFLT) added +0.4%. Ahead of the meeting of Vladimir Putin and D, trump, we will be until the end of the trading session to observe a significant reduction in volatility. Since many market participants are prepared to trade actively from next week.
U.S. stock markets closed higher after strong growth mainly due to industrial and technological sectors. Papers of CA Inc (NASDAQ:CA) rose by almost 19% due to news that the company Broadcom buys this software. The shares of Facebook (NASDAQ: FB), Microsoft (NASDAQ: MSFT) and Amazon (NASDAQ: AMZN) approached historic highs, and the securities of Apple (NASDAQ: AAPL) and Google (NASDAQ: GOOGL) grew strongly on the General background.
In the end, the Dow Jones rose by 0.91%, the S&P 500 index rose by 0.87% and the NASDAQ up 1,39%. Today begins the season of reports of us companies, traditionally the focus of attention of large investors will focus on results of publications of financial reports of big banks on wall street. Given the previous stable growth of large companies in the US, the season of reports should go in the same positive way. Therefore, throughout the season the reports will be dominated by high volatility on the us stock market, while providing pressure on the major stock indexes of USA with the trend of increasing trading range.
____________
Gaidar Hasanov
Expert
“International financial center”