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Business / Finance

The Russian stock market can still grow before the weekend on the background value of oil

Forex Club 04.01.2019 at 06:25

The Russian stock market will remain supported by rising oil prices, but the pressure on him will have a significant fall in world stock indices. While the trading volume probably will be small before the next long holidays.

on the Eve of the Russian stock market rose significantly on the day against the background of recovery in oil prices.

the Index of Masuri strengthened by 0.26% to 2375,6 points and the RTS index - on 1,69%, to 1086,8 points.On Thursday evening the dollar exchange rate fell by more than 1 ruble, and the Euro by almost 2 rubles.

however, the main US stock indexes lost more than 2%. The greatest decrease showed a paper Apple on the background of the deterioration in the forecast of revenue due to a reduction in sales of smartphones.

Also turned out to be weak and statistics on the U.S. economy. Thus, the index of business activity in industry in December dropped to 54.1%, while the market expected a decline only increased to 57.7%.

the Major European stock indices also showed a negative trend, dropping an average of more than 1.5%, Asian indexes in the morning losing nearly 3%.

however, the Russian market will continue to support the still rising price of oil.

Despite the fact that the rate of growth slowed down, oil prices still support the message that production at Libya's largest oil field Sharara a decrease of 8.5 thousand barrels per day after large-scale theft of equipment.

Market, USA, dollar, oil, ruble, Forex club

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