19.05.2022

The stock market and the ruble at the beginning of the day will grow

The market is expected to open with a moderate increase of about 0.2% according to the MICEX index, in the range of 2095-2100, estimates Vitaly Manzhos from the investment company “Nord-Capital”.

“The nearest significant supports will remain the levels of 2090 and 2080 on the MICEX. The marks of 2110, 2130 will act as resistances. Probably, after a moderately positive start of trading, we will once again observe attempts to overcome the level of 2100 on the MICEX index. In case of a successful breakout of this mark, it is possible further movement of the MICEX index to the area of ​​2110 “, – he estimated.

The morning rise in oil prices will further strengthen the ruble at the start of trading, said Vadim Iosub of Alpari.

“The expected daily range for the dollar is 57.1-58.3 rubles, for the European currency – 67.5-68.9 rubles,” he added.

EXTERNAL FACTORS

The main US stock indices following the results of last trading fell after reaching records the day before by 0.1-0.2% against the background of the publication of quarterly financial statements of banks.

In particular, Citigroup increased its net profit for the third quarter of 2017 by 8%, to $ 4.133 billion, or to $ 1.42 per share against the value of $ 1.24 a year earlier. Experts had expected the figure at $ 1.32 per share.

US stock futures in the morning were changing in different directions within 0.05%. Asian stock exchanges mostly grew – by 0.1-1%, Japanese Nikkei 225 – by 1%, Shanghai SSE Composite – by 0.2%.

The price of oil in the morning trading fluctuated around $ 56.6 per barrel for Brent.

The euro traded at $ 1.184 against $ 1.1827 at the close of previous trading.

RESULTS OF PREVIOUS TRADING ON THE MARKET OF THE RUSSIAN FEDERATION

The Russian stock market by the close of Thursday changed in different directions on the indices, winning back a moderate strengthening of the ruble against the dollar. Attempts by the oil market to hold above $ 56 a barrel helped keep stock prices close to the previous close levels.

By the end of the day, the MICEX index decreased by 0.29% – to 2094.96 points, the RTS index rose by 0.06%, to 1143.96 points.

The dollar exchange rate in “tomorrow” settlements following the results of foreign exchange trading on Thursday fell by 0.14 rubles – to 57.7 rubles, the euro – by 0.35 rubles, to 68.22 rubles.

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