Russian stock market by the end of the year before the material rose 11% due to
Russia shares rose about 11% before the end of the year, due to economic recovery and moderate oil prices rose, so that investors become more see.
Russia index RTS index. IRTS rose 52% last year, due to rally rose, and with Trump in the US presidential election in November to win the market expect the West will relax the sanctions against Russia.
Despite the sluggishness of the immediate relaxation of sanctions, the index index fell 2% since the year, analysts still think there is reason to be optimistic about the Russian shares.
Russia's economy after two consecutive years of shrinking, this year is expected to grow about 1.2%.
"The market participants believe that easing the sanctions against Russia is just a possible surprise, not the most likely situation," said Vladimir Miklashevsky, strategist at the Tanzco Bank Trading Department.
"The main driver of growth will be the (Russia) central bank cut interest rates, improved consumer prices and rising oil prices." He expects the RTS index to rise to 1,200 points by the end of the year.
Russia index RTS index. IRTS rose 52% last year, due to rally rose, and with Trump in the US presidential election in November to win the market expect the West will relax the sanctions against Russia.
Despite the sluggishness of the immediate relaxation of sanctions, the index index fell 2% since the year, analysts still think there is reason to be optimistic about the Russian shares.
Russia's economy after two consecutive years of shrinking, this year is expected to grow about 1.2%.
"The market participants believe that easing the sanctions against Russia is just a possible surprise, not the most likely situation," said Vladimir Miklashevsky, strategist at the Tanzco Bank Trading Department.
"The main driver of growth will be the (Russia) central bank cut interest rates, improved consumer prices and rising oil prices." He expects the RTS index to rise to 1,200 points by the end of the year.