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Indices stumbled | December 22, 2023

Source: RIA News”

Market the day before. The continuous growth since the beginning of the week ended with a market correction: the Moscow Exchange index on Thursday fell by 1%, to 3073.57 points, the RTS index fell by 2.16%, to 1051.87 points.

The leading dynamics were shown by shares of companies that will be added to the calculation base of the Moscow Exchange and RTS indices today: Mosenergo, SovcomflotAircraft, common and preferred shares Mechela.

The shares were outsiders NOVATEK (NVTK1478.2 ₽, −3.46%). The company has issued a force majeure notice to some LNG buyers from the upcoming Arctic LNG 2 project as US sanctions threaten the start of deliveries.

The ruble weakened against the US dollar to 92.1500 ₽ and against the euro to 101.6000 ₽

Main news and events.

Angola announced its withdrawal from OPEC due to the country’s disagreement with the production quotas established by the alliance.

According to the Bank of Russia, lending growth rates slowed slightly in November: corporate lending grew by 2.0% compared to 2.3% in October; mortgage – by 2.8% from 2.9% in October, consumer – by 1.0% from 1.1% in October. The net profit of Russian banks in November amounted to 268 billion rubles, and since the beginning of the year the sector has earned 3.2 trillion rubles.

Board of Directors PhosAgro (PHOR 6808 ₽, +0.04%) approved a record volume of capital investments for 2024 in the amount of 73 billion rubles.

Seligdar (SELG 65.7 ₽, +1.78%) in 2023 increased gold production to 8 tons or more, by about 6% compared to last year.

Russian airlines in November 2023 increased passenger traffic by almost 9% compared to last year, to 7.6 million people. 5.8 million people (+4%) were transported on domestic routes, 1.8 million (+28%) on international routes.

Steel production in Russia in November increased by 12.5% ​​year-on-year, to 6.4 million tons, reports the World Steel Association.

Expectations and trading ideas.

On Friday morning, there is a moderately positive mood on world markets: the Japanese Nikkei 225 index is growing by 0.12%, the Chinese Shanghai Composite index is by 0.12%.

“This information is for informational purposes only and does not constitute an individual investment recommendation.”

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