Russian stocks will head lower after the holidays, analysts believe. Today market player were less aggressive compared to yesterday, they stress. Experts believe that the stock market is waiting for after-holidays sessions to continue a downward trend.
Some experts foresee a 5 percent decrease for both RTS and MICEX indexes and see this level as a support. Market players are afraid of the rehearsal of the major market trend in 2000, when insignificant upward movements interrupted long-term declines.
The RTS index lost 0.97 percent to 629.95 points, the MICEX index climbed 0.8 percent to 563.78 points. RAO UES lost 1.5 percent to $0.27, LUKoil decreased 1.47 percent to $26.9, Surgutneftegas fell 2.59 percent to 0.64 percent, YUKOS shed 0.27 percent to $11.27 on the RTS exchange.
On the MICEX exchange, RAO UES shed 0.24 percent to RUR7.851, LUKoil tumbled 0.37 percent to RUR787.55, Mosenergo inched 0.61 percent lower to RUR2.281, Surgutneftegas declined 1.23 percent to RUR18.82.
The Investigative Committee of the Russian Federation put the head of the contractor company of Russia's space corporation Roskosmos, Sergei Slastikhin, on international wanted list
"Washington operators of the sanctions machine ought to get acquainted with the history of Russia, to stop the unnecessary fussing," spokesperson for the Foreign Ministry said