Money and business

Map of movement in Russian financial markets … relative stability and sectoral fluctuations

The Russian stock market witnessed a variation in today’s trading session to perform the most prominent listed companies, as the moves varied between slight gains and remarkable losses in some sectors, with some real estate and technological shares emerges in exchange for pressure on the shares of e -commerce and regional banks.

The Moex Russia index opened its trading with relative stability, supported by a coherent performance of the shares of the energy sector and the major financial institutions, and at the head of these companies, the shares of Gazprom PJSC (GAZP) recorded 0.50% to 139.58 rubles, taking advantage of the rise in natural gas prices globally and the increasing European demand for alternative supplies, despite Western sanctions, and positive performance For Gazprom reflects the continuous investor confidence in the Russian energy giant.

Serbank Rossii (SBER), the largest bank in Russia, has a slight increase of 0.25% to 300.70 rubles, and these limited gains come amid reports on relative stability in the Russian banking system despite international pressure, which enhances the arrow of the share for investors looking for relative stability.

T -Tekhnologii MKPAO (T) shine on the technical side at a rise of 0.51% to 3,022.20 rubles.

This performance is driven by speculation about upcoming government contracts and advanced defensive technological projects, in light of the Russian state’s acceleration towards digital and technical self -sufficiency, and this stock highlights as one of the future betting in the market, with strategic investors entering the accumulation line.

On the other hand, some shares have seen strong declines, led by ADS Ozon Holdings PLC (Ozondr), which lost 5.59% of its value to land to 3,540.00 rubles, and this decrease reflects investor concerns about declining growth in the e -commerce sector, especially in light of tightening control over digital transactions and poor local purchasing power.

SPB Exchang (SPBE) recorded a decrease of 2.57% to close at 235.40 rubles, and this weak performance is due to a decrease in trading sizes and a decrease in liquidity coming from international investors, in light of a complex organizational environment and partial reluctance to risk in secondary markets.

While the Bank VTB (VTBR) settled at the level of 96.59 rubles with a very slight decline (-0.01%), the Banks Saint-Petersburg (BSPB) saw -0.34% to reach 406.17 rubles.

This is explained by concerns related to the profitability of regional banks under high interest pressure and the growth of troubled loans, which limits the ability of these institutions to attract investors at the present time.

Pik SHB (PIKK), one of the most prominent real estate development companies in Russia, recorded a remarkable increase of 1.43% to 448.30 rubles.

These gains come with the support of strong data indicating the stability of the demand for housing real estate in major cities, in addition to new facilities in real estate financing by the Russian government.

This improvement reflects a relative recovery in the real estate market despite the general economic conditions.

Today’s Russian market movements reflect a mixture of cautious optimism and anticipation, as investors try to balance geopolitical risks and sanctions with local growth opportunities in the technology and real estate sectors.

While shares like Gazprom and SberBank remain a traditional sanctuary, PIK and T Tekhnologii’s new dynamic movements appear in the market that must be closely monitored.

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