Russian Stock Market Update: Oil Prices, Ruble Strength, and Trading Volume Growth

Russian Stock Market Update: Oil Prices, Ruble Strength, and Trading Volume Growth

Main • The Russian market, after a positive opening, sank against the backdrop of falling oil prices and a strengthening ruble. Despite the fact that oil prices continued to decline, the Moscow Exchange index managed to rise in the second half of trading, closing at a new two-week high. • Following the initial weakening, the … Read more

Maxim Shein’s ‘No Bad News’ Weekly Investment Show on BCS World of Investments: Making Money on Every News

Maxim Shein’s ‘No Bad News’ Weekly Investment Show on BCS World of Investments: Making Money on Every News

“No Bad News” is a weekly news show about investments on the BCS World of Investments channel, in which Maxim Shein proves that you can make money on every news, no matter how bad it is. In this issue: — The main topic is new US sanctions. Which Russian companies are subject to restrictions and … Read more

Top Trading Turnover Stocks on the Moscow Exchange: VK, Mechel-AO, Norilsk Nickel, Yandex

Top Trading Turnover Stocks on the Moscow Exchange: VK, Mechel-AO, Norilsk Nickel, Yandex

At the Friday trading session on the Moscow Exchange, the typical Sberbank and Gazprom are not in the top in terms of trading turnover. At 12:20 Moscow time the following stocks took the lead: • VK: trade turnover – 7.4 billion rubles.• Mechel-AO: RUB 5.0 billion.• Norilsk Nickel: RUB 3.7 billion.• Yandex: 2.4 billion rubles. … Read more

Mechel Stock Update: Shares Rise by 2.38% with Positive Growth Outlook

Mechel Stock Update: Shares Rise by 2.38% with Positive Growth Outlook

Mechel shares rose by 2.38% in the last trading session. The closing price was RUB 232.27. The securities traded better than the market. The trading volume amounted to 9.13 billion rubles. Short term picture • The stock hit its next upside targets of 240.9-245.9 midweek. After the pullback, a new growth impulse appeared. The technical … Read more