Analyst Elena Kozhukhova from IC VELES Capital highlighted the struggle of the Moscow Exchange index for an important medium-term level. The external market conditions were moderately negative with oil prices facing downward pressure and global stock markets feeling pessimistic due to Trump’s tariff announcements.
US stock exchanges witnessed a significant drop, with the Nasdaq and S&P 500 hitting their lowest since last year. The fear of trade duties’ repercussions led to this decline, causing concerns about the economy.
Futures for the S&P 500 hinted at further losses, with a crucial support level at 5310 points. European markets also experienced a downturn, especially the Euro Stoxx 50, amid worries about the impact of US tariffs on the regional economy.

Asian markets followed suit with Japan’s Nikkei 225 and Australia’s ASX 200 declining. Geopolitical tensions added pressure to crude oil prices, although they found some support amidst the downward trend.

The Moscow Exchange and RTS indices fell, signaling a struggle to recover. The ruble indicator stabilized below a key support level, indicating risks of returning to previous lows. The ruble weakened against the yuan, while the Central Bank of Russia adjusted its currency sales strategy.

The Russian stock market anticipated a short-term recovery pending geopolitical developments. The Moscow Exchange index aimed to breach the crucial resistance level of 2,900 points, which could set the tone for future movements. Positive geopolitical factors were deemed essential for growth, with investors eyeing the Moscow Exchange’s dividend news.
Investment companies and banks’ comments in the AK&M news agency’s section provide insights into market dynamics. These opinions, while informative, may not align with AK&M’s editorial stance. The comments reflect the prevailing circumstances at the time of publication and do not constitute trading advice.
Recent market events, such as Tata Capital’s IPO plans and Norvik Bank’s rating downgrade, showcase the dynamic nature of financial markets. Legal disputes, environmental concerns, and ongoing negotiations between consortiums further illustrate the diverse challenges and opportunities within the financial sector.
The Moscow Exchange’s struggle for stability amidst global economic uncertainties underscores the interconnectedness of markets worldwide. As geopolitical events unfold and economic indicators fluctuate, market participants must navigate these complexities to make informed decisions in a volatile trading environment.
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