Eurovision organizers fine Ukraine for failing to adequately fulfil obligationsWorld June 29, 18:51
Putin hails growing ties between Russia and GermanyRussian Politics & Diplomacy June 29, 18:25
Russia’s future orbital station to have no service life limitScience & Space June 29, 18:21
Relatives of defendants in Nemtsov murder case to appeal to ECHRSociety & Culture June 29, 17:46
Russian shipyard may equip exported warships with latest air defense missile/gun systemMilitary & Defense June 29, 17:24
EU envoys ratify Ukraine Association AgreementWorld June 29, 17:15
Russian opera star Hvorostovsky cancels Vienna season concertsSociety & Culture June 29, 16:30
Samantha Smith: 10-year-old Goodwill Ambassador that embraced warmth during the Cold WarSociety & Culture June 29, 16:29
Paris sees new opportunities for dialogue on Syria with MoscowWorld June 29, 16:27
The Russia stocks market will open with growth on Friday, but the trade will not be very intensive until some drivers appear,” Investcafe’s analyst Roman Grinchenko said.
Grinchenko attributed his expectations to higher closure of the domestic and western bourses on the previous day, as well as rising oil prices, and geopolitical lull, which is to continue until the inauguration of Ukrainian President-elect Petro Poroshenko at least.
Maxwell Capital analyst Alexander Dvurekov also expects the trading session to start with purchases amid moderately favorable external background. “During the first half of the session the market may go up to 1,450 points and find some resistance there. The daily trading range is 1,400-1,470 points,” he said, adding that the market has the chance to exceed 1,450 points during the day.
Promsvyzbank’s senior analyst Oleg Shagov estimated the foreign background as mixed with no single dynamics on the Asian floors and said that the domestic market will open rather flat.
The mood of investors may be affected by the next round of the trilateral talks on Russian gas supplies to Ukraine and the EU, as the union is calling on Kiev to repay at least part of its debt to Russia before asking for a discount price, ITinvest-Prospekt’s analyst Vasily Oleinik said.
Germany will release retail sales, while the US will publish consumer price inflation, individual incomes and spending, as well as the Chicago PMI and Michigan Consumer Sentiment Index.