What to watch out for as an investor this week

Although there were several negative statements for the market last week (Finance Minister Anton Siluanov said that dividends are not included in Gazprom's strategy for next year, Central Bank head Elvira Nabiullina once again emphasized the intention to keep the key rate high for a long time), there is no panic on the stock exchange, Finam analysts noted. This means that speculators are buying shares at the lows, which may support the market.

Diasoft's Strategy Day will be held on Monday, announced Andrei Stratichuk, an analyst of financial markets at Gazprombank Investments service. Clothing maker Henderson will disclose November earnings and also close the dividend register. In addition, Renaissance Insurance will hold an extraordinary general meeting of shareholders (EGM) on dividends for the first nine months of 2024 in the amount of 3.6 rubles/share.

On December 10, Sberbank will disclose its RAS results for the first 11 months of 2024, said Natalia Pyryeva, lead analyst at Digital Broker. And Polyus will hold an online presentation of its development projects, where it will present updated parameters of the Sukhoi Log strategic project in the Sverdlovsk region, Finam added.

In addition, OPEC+ meeting is scheduled for Tuesday - on the agenda will be the extension of the voluntary reduction of oil production until the end of the first quarter of 2025, said Natalia Pyrieva.

On Wednesday, December 11, Aeroflot will publish its operating results for November, said Anna Kokoreva, stock market expert at BKS Investment World. And "PhosAgro" and "GAZ-Service" will hold EGM - the agenda will include the issue of approval of dividends for nine months of 2024.

The key event for the stock market may be the data on inflation in Russia for November, published on this day - they will indicate the further dynamics of the key rate, added Natalia Pyrieva.

On December 12, the Aircraft Group will hold an Investor Day, she said. Also, a number of companies will close the register of shareholders with the right to interim dividends, among them are Europlan, Polyus, FixPrice.

Thanks to positive news on inflation and oil, the MosBirch index may rebound. This week, it is likely to remain in a wide range of 2400-2600 p. in anticipation of geopolitical news, expects Kirill Tachennikov, director of the analytical department of investment bank Sinara.

The ruble strengthened significantly last week. It is likely that alternative payment options have been found after the introduction of new sanctions, believes Andrei Stratichuk. Until the new settlement system is stabilized, the ruble may remain volatile. This week, the dollar rate will be in the range of Br98-100, euro - Br104-106, yuan - Br13.3-13.5, predicts Anna Kokoreva.