FinanceMarket

Stock trading in the Russian Federation started in the “green zone”

Russian stock indexes began the growth of the Monday trading session, according to data of the Moscow Exchange .
At 10:00 Moscow time, the Mosbirzhi index rose by 0.09% relative to the closing level of the previous trading session and amounted to 2,703.05 points. The RTS index increased by 0.03% – to the level of 1 351.06.
The stock market will repeat the attempt to rebound, says analyst Alor Broker Alexei Antonov . He recalled that on Friday the Russian stock market attempted to interrupt the correction and rebound from the support of 2,700 points on the Mosbirzh index, but in the evening the sales prevailed.
“Today, the external background is in favor of the repetition of the rebound: American futures are growing, oil is adding. However, shopping is not worth it: the market is in a downward phase and there are no fundamental reasons for growth, ”the expert comments.
Moreover, he adds, in case of a breakdown of the mark of 2,700 points, the Mosbirzh index can very quickly lose 80–90 points, where speculative purchases will be more attractive .

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