Russian stocks are trying to recover yesterday's losses
Russian diplomats yesterday confirmed the fruitlessness of the past negotiations with NATO. At the same time, the United States proposed to impose sanctions against Russia's leadership, government debt, banking sector and Nord Stream-2.
Shares of Russian banks and VTB lost over 6% on Thursday and are up only 1-1.5% today.
and LUKOIL also look modest given the high oil prices, adding 0.8-1.2% after yesterday's 4% drawdown.
The ruble cheapened yesterday on the same concerns and is rebounding today. USD/RUB is below 76 (-0.4%). EUR/RUB is at 87.1 (-0.2%).
The RGBI government bond index fell for the sixth consecutive day, hitting three-year lows.
The external background is neutral. In the morning, the S&P 500 futures are growing by 0.2%. Indices of APR demonstrate negative orientation.
Oil prices remain a support factor for the Russian market. Brent quotes are running above $84 per barrel. Oil in rubles on the background of weakening of the Russian currency yesterday reached 6500 per barrel, which is positive for the shares of oil companies.
Leaders: UTair (+4.5%), Mechel-ap (+2.5%), Mechel-ao (+2.3%), TMK (+2.5%), (+2%)
Outsiders: PIK (-1.2%), Cherkizovo (-0.9%), ALROSA (-0.4%), LSR (-0.4%)