Gazprom rises in price, Sberbank and Lukoil go into negative territory

The MosBirch Index is growing in the first minutes of the main session. The Russian market recovered yesterday after a deep drawdown in the morning session. Today indices continue to grow, but the external background has somewhat deteriorated and a number of liquid securities are already in the negative.

are gaining 0.5%, while LUKOIL is losing 0.3%. A rebound is seen in VK securities (+3.4%) after a prolonged decline. (-5.7%) have cleared dividends.

U.S. indexes were falling Monday-Tuesday, retreating from the neighborhood of record highs. Lately, many investment houses have highlighted the fact that the broad stock market does not look as confident as the indices indicate. The heavyweights within them are balancing the declines in many stocks.

Today, investors are awaiting the outcome of the Fed meeting, which is likely to announce an acceleration in the pace of QE cuts amid increasingly persistent higher inflation. The S&P 500 futures were rising in the morning, but have already gone into a slight negative territory.

Oil quotes are gradually retreating. The price fell to $72.8 per barrel Brent. The key negative drivers are persistent concerns over the Omicron strain and a fresh IEA report, in which the agency downgraded its demand estimate for 2022.

The dollar exchange rate against the ruble grows to 73.9 (+0.15%). The RGBI government bond index is up 0.2%, having recovered all yesterday's losses.

Leaders: VK (+3.4%), Beluga (+2.6%), Detsky Mir (+2.6%), Mechel-up (+2.1%), Sistema (+2%)

Outsiders: M.Video (-5.7%), Rusal (-1.5%), LSR (-1.2%), Petropavlovsk (-0.9%)