What are we watching on November 11th?
Moscow Stock Exchange Index The Moscow Stock Exchange Index (IMOEX) at the end of the main session on Tuesday fell by 1.17% to the level of 2444.28 points. IMOEX2 lost 1%, ending the day at 2445.60 points.
According to BCS World of Investments expert, Mikhail Seltzer, after the first day of the tripartite negotiations, the signals to the market remain neutral. Further dynamics will depend on the parties' final comments.
The analyst identifies three scenarios: if agreements are reached, the index may rise to 2,550-2,600 points; with a neutral result - a drop to 2,400 p.; If negative - up to 2,300 pages.
Brent oil prices.
On Tuesday, Brent fell 3.69% to $89.16 a barrel, falling below $90 for the first time since August 31.
As Vasily Karponin of Alpha Investments points out, the quotes were put under pressure by Donald Trump's statements about his reluctance to renew strikes on Iran. This reduced fears of oil supply disruptions.
On Wednesday morning, Brent recovered its losses: by 7:55 Moscow time, the quotes rose by 0.98% to $92.39.
Aircraft deals.
On Tuesday, the developer's shares lost a minimum of 12.37%, falling to ₽287. The fall follows the announcement that the BO-P05 bond redemption has been postponed from November 9 to November 11. The company explained this for technical reasons.
On Wednesday morning, shares recovered 2.6% to ₽306.8 (at 8:20 Moscow time).
Company events.
— Opinion: financial results according to RAS for October.
— Aeroflot: operating results for October.
Other important events.
- The second day of negotiations between Russia, the United States and Ukraine in Abu Dhabi.
- Bank of Russia: Commentary on financial conditions.
- Rostat: inflation data for November 3-9.
- Eurozone: speech by the head of the ECB, Christine Lagarde - 12:45 Moscow time.
- USA: OPEC report - 13:00 Moscow time; Data on the mortgage market - 15:00 Moscow time.
Read more Moscow Stock Index, Oil Prices and Smolt Stocks: Investors' Brief.