What should an investor keep an eye on this week

The stock market continues to remain under pressure: the Moscow Stock Exchange index dropped from 2,780 to 2,680 points last week, the First Management Company reported. Investors are reacting to the news about US duties — the decline in exporters' securities is especially noticeable, which is under pressure due to the strengthening of the ruble to a level below 78 per dollar. The focus of the coming week will be on the dividend cuts of the largest issuers.

Monday, July 14, is the last day to get into the register of Renaissance Insurance shareholders with the opportunity to receive dividends for 2024, BCS World Investments reported. This event may affect the value of the company's shares.

On Tuesday, July 15, the deadline for inclusion in the register of shareholders of the European Electrical Engineering company with the right to receive dividends ends, BCS World Investments clarified. IFC Zaymer will also share its operational results, Gazprombank Investments said.

Closed for key: business reduced investments in projects with capital investment protection by 1.5 times

Despite the tax benefits, companies are in no hurry to channel money into long-term development due to high rates.

July 16 will be the last day for the purchase of shares in a number of companies with the right to receive dividends — these are Surgutneftegaz, Transneft, the transport company EuroTrans and the IT holding T-Technologies (a subsidiary of TKS Holding), Finam said. On the same day, St. Petersburg Bank will share its RAS reports, and X5 Group retail chain will present its operating results for the first half of the year. In addition, Rosstat will share data on the consumer price index, Cifra Broker said. This event will affect investors' expectations of the future dynamics of the key rate.

On Thursday, July 17, the cutoff for receiving dividends from several large public companies is coming to an end — these are Sberbank, Rosneft and Aeroflot, BCS World Investments reported.

The RGBI government bond index will fluctuate around 115 points, BCS World of Investments predicts. The ruble exchange rate is expected to remain in the range of 76-78 per dollar, 89-91 per euro and 10.7–10.9 per yuan. The Moscow Exchange index is likely to fluctuate in the range of 2650-2700 points.