The main thing for the week in FC: major economic and financial events from November 9 to 15.
The Russian market rebounded over 2,500 points, oil forecasts worsened, and major deals and corporate crises added reasons to reassess risks. Ukraine negotiations, inflation and the biggest cryptocurrency hack were also in focus.
The Moscow Stock Exchange gained 2,500 points.
The Moscow stock market index closed above 2,500 points for the first time since the end of October: November 12 - 2,505.95 points (+0.45%), November 13 - 2,522.33 (+0.65%). Now the main question is whether the market will be able to gain a foothold above the level it has failed to overcome several times. The quotes were supported by hopes for progress in the negotiations on Ukraine and an increase in oil prices.
IEA worsened the forecast for oil demand.
The International Energy Agency expects global oil demand to fall by 2.7 million barrels per day in 2026, 100,000 more than the October forecast. In the fourth quarter, the decrease will slow to 2.7 million barrels per day compared to an average decrease of 4.4 million in the second quarter. C quarters. A partial recovery in supplies from the Persian Gulf eased the shortage, with supplies rising by 2.3 million barrels per day in October. But attacks on infrastructure and tankers remain risks to exports and prices.
Inflation is still not letting up.
During the week between 3 and 9 November, consumer prices in Russia rose by 0.12%, annual inflation accelerated to 6.97% of 6.95% in the previous week. From the beginning of the year, prices rose by 6.3 percent. The culprits were studied at 9.4%, tomatoes – 3.7%. gasoline prices fell by 0.78% this week, but from the beginning of the year increased by 15.24%.
Wildberries is expanding its tourism business.
Sheremetyevo's board of directors approved the sale of 75% of the travel operator Biblio-Globus to Wildberries & Ras Buildings. According to RBC sources, the package may cost about 40 billion rubles; The calculation should be made at the expense of the company's future profits.