In the end, to close yesterday’s trading session the dollar RTS index closed at 978.45 b.p. adding 0.5% and the ruble-denominated MICEX index remained at around 1,860.05 b.p. an increase of 0.4%.
The market rebounded from the lows of the current wave falling on the background of the partial recovery of oil. Torrential rains in China, threatening to reduce output of coking coal, has caused the growth of prices by 5% and, accordingly, interest in the securities sector in Russia. For example, added the paper “Mechel” (+4.1%) and Raspadskaya (+5.4%).
The outsiders Norilsk Nickel (-5.3%), which was traded the first day excluding dividends. This also applies to “Magnet”, lost 1.7%.
The General background for the national currency remains negative.