Bank rates, weekends on Western stock exchanges, Russian stocks: digest

Top 10 deposit rates. On Friday, Western stock exchanges are closed - investors celebrate Good Friday. Participants of the Russian market do not yet find reasons for active purchases. notable events,

SPB Exchange   changed the trading schedule on April 15 and 18 due to non-working holidays on foreign trading floors.

On Friday, April 15, investors will be able to trade only securities of TCS Group, FixPrice and St. Petersburg Exchange from 10:00 Moscow time. On Monday, April 18, exchange trading will be held according to the following schedule:

from 10:00 Moscow time — securities of TCS Group, FixPrice and St. Petersburg Exchange; from 14:30 Moscow time — securities of 50 international companies listed in the USA ; from 15:00 Moscow time — other securities of international companies listed in the US, except for: Yandex, Mobile TeleSystems, Ozon, Cian, HeadHunter and Nexters.

The exchange announced that on April 18, from 15:00 Moscow time, shares of the IPIF of market financial instruments "Industry of the Future" and the closed-end mutual fund "Initial Placement Fund" will also be available to investors. Trades and settlements in other securities   will not be held on April 15 and 18. Trading on the Moscow Exchange will be held according to the rules of the previous day.

SPB Exchange announced changes in the trading mode on April 15 and 18 SPB Exchange, Moscow Exchange,  Russia

Top 10 rates on deposits and savings accounts

The average rate of the 54 largest depository banks on deposits for a period of one year in the amount of ₽100 thousand as of April 15 is 9.17% per annum, according to the FRG100 index.

The most favorable deposit rate as of April 15, 2022 is 24% per annum.

Top 10 banks with high effective rates on deposits and savings accounts as of 04/15/2022:

Novikombank — up to 22.83%; BBR Bank - up to 22%; Gazprombank - up to 21%; Loco Bank — up to 21%; Sinara - up to 21%; VTB — up to 21%; Asia-Pacific Bank - up to 21%; Tavrichesky Bank - up to 21%; Promsvyazbank - up to 21%; International financial club - up to 20.10%.

Source: Banki.ru financial marketplace (the effective rate is calculated using the Banki.ru methodology and is not an offer, detailed conditions are in credit institutions).

SPB Exchange quotes added 25% on expectations of trading in shares from Hong Kong SPb Exchange , Investments , Russia

Russian stock market

The Moscow Exchange index on Thursday sank almost 5% to 2404.73 points. The last time the Russian market traded at such levels was March 29. “Bidders do not yet find reasons for active purchases in the face of continued uncertainty about the further development of sanctions stories and the geopolitical situation,” said Vasily Karpunin, an expert at BCS World of Investments.

Zarina Saidova, an analyst at the Finam financial group, has a similar opinion. “In the domestic market, there are difficulties with risk appetite - players are not in the mood for purchases against the backdrop of news about events in the Bryansk region. In addition, trades in recent days are held at reduced volumes. After the departure of non-residents, the Russian market reoriented inward, and today it seems that the players in Russia do not see any reason for optimism,” the expert commented on the auction on April 13.

According to Vasily Karpunin, the risks of further slippage remain, although the commodity factor began to play in favor of a rebound last night. Low liquidity   and the absence of a major buyer can ensure continued weak momentum, Karpunin said.

Important events of the day ALROSA will publish operating results for the first quarter of 2022. Severstal was supposed to publish financial results today, but this week the company announced that they were abandoning the quarterly release. On Friday, April 15, investors in the US and Europe go on a long weekend on the occasion of the Easter holidays, trading will be suspended. Also, some sites in the Asia-Pacific region do not work. How the previous trading session ended Moscow Exchange Index : 2404.73 (-4.89%) RTS Index : 941.05 (-5.62%) S&P 500 : 4389 (-1.20%) Dow Jones Industrial Average : 34 389 ( -0.27%) NASDAQ Composite: 13,892.25 (-2.32%) A term that refers to the likelihood of an asset being sold quickly at or near the market price. Read more A financial instrument used to raise capital. The main types of securities: shares (gives the owner the right of ownership), bonds (debt security) and their derivatives. Read more A regulated market where sellers and buyers meet who trade in various assets: stocks, bonds, currencies, futures, commodities. Everyone can become a participant in trading on the stock exchange - for this you need to open a brokerage account. Each transaction is concluded at a market price, is completed almost instantly, and is also registered and controlled. More