The stock market is trying to rebound after yesterday's drawdown

The Russian market shows a slight increase at the opening of trading on Wednesday, or you could say a rebound after yesterday's drawdown.

The external background remains good. Oil prices are down 0.3% in the morning but holding near $61 per barrel Brent.

The S&P 500 futures are up 0.3% versus yesterday's 0.11% decline in the index.

The market participants were alarmed by the recent statements of the European Union representative on the possible introduction of new sanctions against Russia after the visit of European foreign ministers to Moscow. The discussion of relations with Russia is expected on February 22.

The ruble weakened slightly in the first minutes. The USD/RUB pair is adding 0.12%, sitting at 73.98.

On the Russian market the positive trends of the last days remain in the shares of retailers. The rise in M.Video-Eldorado securities continues on the background of changes in dividend policy. Rising (+3%), Russian Footwear (+1.5%).

Record levels updated (+4%) after being included in the MSCI Russia Index.

Shares of Gazprom, LUKOIL are cheaper by 0.3%. Sberbank cheaper by 0.1%.

Leaders: TCS (+4%), M.Video-Eldorado (+3%), Ozon (+3%), Russian Footwear (+1,5%)

Outsiders: FGC UES (-0.5%), Rusal (-0.5%), Tatneft-ao (-0.4%), (-0.3%)

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