What should an investor keep an eye on this week

This week, the expected reduction in the key rate will be a positive scenario for stocks — the Central Bank meeting is scheduled for September 12, the indicator may be lowered by 1.5-2 percentage points, Finam analysts noted. Geopolitics remains a priority topic. In the future, a new telephone conversation between the presidents of the Russian Federation and the United States is possible, while the next sanctions news is not excluded, explained Alexander Shepelev, an expert on the stock market at BCS World Investments.

On Monday, September 8, trading in Etalon Group shares will resume on the Moscow Stock Exchange, Natalia Pyrieva, a leading analyst at Cifra Broker, said.

On September 9, Sber will release a report on accounting standards for August and the first eight months of this year, Finam analysts said. On the same day, an extraordinary general meeting of shareholders (AGM) of Yandex will be held on the issue of dividends, Cifra Broker added. The EIA's short-term forecast on the situation in the energy markets will also be published.

On Wednesday, Rosstat will publish weekly data on the consumer price index and inflation for August, said Alexander Bakhtin, investment strategist at Garda Capital.

An extraordinary general meeting of PhosAgro shareholders is scheduled for September 11 on interim dividends for the first half of 2025 in the amount of 387 rubles per share of the company, according to Cifra Broker. In addition, Aeroflot will present its operating results for August. It is also the last day to buy Vi shares.ru is subject to dividends in the amount of one ruble per share, Finam reminded.

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On Friday, KuibyshevAzot shareholders will consider the dividends for the first half of 2025 at the general meeting. The Board of Directors recommended dividends in the amount of 4 rubles per share of each type, Finam analysts clarified. The registration for receipt will be closed on September 23. In addition, there will be a meeting of the Bank of Russia on monetary policy issues.

The RGBI index may consolidate in the region of 121 points until the meeting of the Central Bank. While maintaining contradictory external signals, the Moscow Exchange index is likely to continue moving at the level of 2850-2950 points, Alexander Bakhtin pointed out. There are no obvious reasons for the ruble's strong growth or fall in the foreign exchange market yet: Finam expects a rate of 80.5-82.5 per dollar, 94.0-95.5 per euro and 11.3-11.5 per yuan.