– The Russian stock market on Friday was consolidated with the mixed dynamics of prices of blue chips amid sagging Europe and grown in the oil, the reaction to the expected decline rate of the Central Bank of Russia on 0,5 percentage points was neutral, the players were waiting for news from the Agency S&P rating of Russia.
At the end of trading on Friday, the MICEX index amounted to 2053,81 points (+0.1%), RTS index – 1123,43 paragraph (-0,2%); ruble prices of most of the major “chips” on “Moscow stock exchange” has changed in the range of 2.2%. Dollar climbs to 57.6 rubles (0.1 ruble). For the week the RTS and MICEX gained 0.3-1%, the dollar rose to 0.23 per ruble.
CBR meeting on Friday lowered its key interest rate by 50 basis points (to 8.5% per annum) and signaled the space to mitigate the OST on the horizon of two quarters. Also, the Bank of Russia increased the forecast of growth of the Russian economy in 2017 to 1.7-to 2.2% from 1.3% to 1.8%.
The growth leaders were the shares of “Bashneft” (+1% and +3,6% “preferred shares”), “Masuri” (+1,3%), Sistema (+3,3%), “Surgutneftegaz” (+0,9%), “Tatneft” (+1.4 per cent).
Sank shares of VTB (of-2.1%), Gazprom (-0,7%), Magnit (-0.4 per cent), “NorNickel” (-0,3%), “Rusala” (Down 2.2%), “RusGidro” (- 1.6 million%).
In Asia on Friday was dominated by the growth of stock indices, the market did not show strong negative reactions to the next rocket launch of North Korea, however, sags Europe (CAC 40, DAX, FTSE losing between 0.2-1.1%) and plus the America (S&P 500 index rose 0.1 percent).
In the United States on Friday released weak data on industrial production for August: the index fell by 0.9% while the growth forecasts by 0.1%.