The stock market is declining today: so far it is only a technical pullback
- MosExchange Index: 3128,63 (-0,32%)
- RTS index: 1300,18 (-0,53%)
The Russian market is declining at the opening of Friday's trading. The Moscow Exchange Index is retreating from the area of multi-month highs. So far it is only a technical pullback.
The external background is neutral. Oil prices and S&P 500 futures are near zero in the morning. Yesterday U.S. investors were resting for Thanksgiving, today, on Black Friday, Wall Street is expected to have a shortened session.
The main growth drivers remain the same: progress in the development of the COVID-19 vaccine, political stability in the U.S. and expectations of OPEC+ support for oil market balance.
Among the heavyweight stocks, we note a decline of 0.7% in shares Gazprom, Sberbank and LUKOIL lose about 0.2%.
Headhunter (+0.4%), Ozon (+0.5%) and Globaltrans (+0.9%) gained in value on the news of their inclusion in the calculation base of the MosBeX and RTS indices from December 18.
In stocks. Systems (+1.8%) passes the rebound after the correction of previous days.
Seligdar shares cleared dividends.
The USD/RUB exchange rate for tomorrow is at 75.8 (+0.11%).
Leaders: Sistema (+1.8%), Pharmsintez (+1.8%), RusHydro (+1.7%), Russian Footwear (+1.1%)
Outsiders: Seligdar-up (-6%), Seligdar-ao (-5.4%), Bashneft-ao (-0.8%), Gazprom (-0.7%)
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