Russian Foreign Ministry refutes reports about alleged deportation of Russians from SerbiaRussian Politics & Diplomacy October 28, 19:07
Moscow slams US marines’ deployment in NorwayRussian Politics & Diplomacy October 28, 18:57
Photos of the week: fire in a giant migrant camp, Trump's flag hug and a 'river of sheep'Society & Culture October 28, 18:49
Finance ministers of Russia and Ukraine can meet if Kiev's debt is recognized as sovereignBusiness & Economy October 28, 18:48
US-led coalition increases intensity of air strikes near Mosul — Russian General StaffWorld October 28, 18:02
Russian General Staff asks Putin for permission to continue strikes at militants in AleppoRussian Politics & Diplomacy October 28, 17:56
Russian tennis chief favors relocating ATP World Tour Finals to Moscow from LondonSport October 28, 17:51
DPR official says Kiev beefs up positions deploying rocket artillery to DonbassWorld October 28, 17:48
Israeli investors arrive in Crimea to assess venues for future investment projectsBusiness & Economy October 28, 17:26
Russian indices are under pressure of Thursday’s announcement of new companies on EU black sanction list, including Sberbank, VTB, Gazprombank, VEB and Russian Agricultural Bank. European residents are now prohibited from providing the sanctioned companies with medium-and long-term lending, while market players hoped the restrictions would not affect at least Sberbank.
Sectoral anti-Russian sanctions the West adopted in the first stage of third phase, including restrictions of capital migration, have increased the risk of Russian stocks exclusion from some stock indices, said chief analyst at Promsvyazbank research division Oleg Shagov.
The negative backdrop and strong bear sentiment abroad for fear of Argentina’s default and amid weak corporate reports give no reasons for optimism either.
“US indices dropped by an average of 2%, futures are traded above Thursday closing levels. European indices slipped, while Asians are traded mixed,” said IF Olma analyst Ruslan Yunusov.
SOLLERS stocks opened best (1.16%) and Mechel preferreds (0.67%). Sberbank common and preferred stocks underperform (0.84 and 1.18% respectively) as well as VTB (1.18%).