What to watch out for as an investor this week

A sharp weakening of the ruble to its lowest level since March 2022 may support exporters' shares, which will help the market to recover its positions, analysts at Finam Financial Group believe. But the picture will not change significantly this week - the escalation of the Ukrainian conflict continues, and the Central Bank meeting on the key rate is getting closer and experts are increasingly confident in further tightening of the regulator's policy. All this will continue to put pressure on the market.

On Monday, December 2, a meeting of shareholders of the gold mining company Polyus will be held on the issue of dividends for the first nine months of 2024, according to Gazprombank Investments. The event may affect the value of the company's shares.

On Tuesday, Moscow Exchange will publish trading volumes for November, Finam said. The company's indicators may grow on the background of increased market volatility in recent weeks, which will support its shares.

On December 4, the decision on dividends will be made by the leasing company Europlan, reported in "BKS World Investments".

Thursday, December 5 is the last day to get on the register of Whoosh shareholders with the right to receive dividends, Gazprombank Investments said.

On Friday, shareholders of Severstal and job recruitment service HeadHunter will meet to approve dividends, Finam said. Sber will also hold an Investor Day on December 6, where the company's management will share its plans and forecasts for 2025.

The RGBI government bond index will come under pressure this week as the likelihood of a key rate hike to 23% in December grows amid a weaker national currency, said BKS Investment World.

The ruble will trade in a range of 102-110 per dollar, 112-120 per euro and 14-14.8 per yuan this week, Finam forecast. The Moscow Exchange Index will remain under pressure, but may stabilize around 2500 points, allow in "BKS World of Investments".