What should an investor keep an eye on this week

In the short pre-holiday week, the Russian stock market may maintain positive dynamics, analysts at First Management Company say. Investors are still waiting for progress in resolving the Ukrainian issue, including after the next meeting between Russian President Vladimir Putin and US Special Envoy Steve Witkoff. In addition, the market may positively play off the softening of the Central Bank's signal about future key rate decisions.

On Monday, April 28, Sberbank will publish its IFRS financial statements for the first quarter of 2025, Gazprombank Investments said. On the same day, Mosgorlombard and the Henderson men's clothing store chain will present their financial results for 2024. Events can affect the share price of these companies.

On April 29, RusHydro will disclose its operating results for the first quarter of 2025, Cifra Broker said. The energy company El5 Energy and the Ozon marketplace will also publish IFRS financial statements for the same period. On the same day, the Board of Directors of Ozon Pharmaceuticals will consider the issue of dividends for the first quarter of 2024, Finam said.

A webinar of the Europlan leasing company will be held on Wednesday, where forecasts for 2025 will be discussed, Gazprombank Investments added. On the same day, VK will hold a shareholders' meeting on the issue of an additional share issue. This event may support the value of the company's securities.

The RGBI government bond index may continue to grow next week after the signals from the Central Bank are softened, analysts at BCS World Investments noted. According to their estimates, with the key rate remaining at 21% and a positive external background, the index is able to approach the March highs of 112-113 points, especially if inflation continues to slow down.

This week, the ruble will gain a foothold in the range of 81-85 per dollar, 92.5–96.5 per euro and 11.3–11.7 per yuan, Finam analysts predict. The Moscow Exchange index is likely to be in the range of 2900-3060 points.