Review of the Russian market as of February 13

Market the day before. The Moscow Exchange index on Monday recovered from the intraday drawdown and by the end of the day increased by 0.19%, to 3248.5 points. The RTS Index, on the contrary, decreased by 0.13%, to 1120.94 points. The indices were supported by positive dynamics in the sector information technologies. The growth leaders were securities Ozon (OZON 2994.5 ₽, +5.55%) against the backdrop of news of an increase in the volume of online commerce in Russia in 2023 by 28%, to 6.4 trillion rubles. The company will disclose financial results for 2023 on February 14. We expect continued positive dynamics in securities Ozonthe target for which we have set at 3,300 rubles per security.

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