What should an investor keep an eye on this week

Last week, the central bank lowered the key rate by 1 percentage point to 17%, although about half of analysts expected it to decrease to 16%, Finam analysts noted. Market expectations were partially deceived, so in the coming days, a slight drawdown in the share price of key players is possible against the background of falling demand.

On Monday, September 16, the Headhunter recruitment company will hold an extraordinary shareholders' meeting on the issue of paying dividends for the first half of 2025, Finam reported. On the same day, the developer Etalon will lift the ban on short sales, Gazprombank Investments said.

On September 17, Rosstat will publish weekly data on the consumer price index and the producer price index for August, according to Cifra Broker. The dynamics of inflation may affect market expectations from the Central Bank's further policy on the key rate.

On Wednesday, September 18, NPO Nauka will hold a shareholders' meeting on dividends for the first half of the year in the amount of 7.59 rubles per share, and Gemabank on dividends in the amount of 5 rubles per share, Gazprombank Investments reported.

On September 19, shares of the X5 retail chain will be included in the calculation of the Moscow Exchange index and the blue chip index (the strongest market players), Finam clarified.

The bond market in the coming weeks will be in the range of 119-120.5 points on the RGBI index, according to Gazprombank Investments. In the foreign exchange market, the US dollar, according to analysts, will trade in the range of 82-86 rubles, the euro — 95-101 rubles, the Chinese yuan — 11.5–12 rubles. The Moscow Exchange index may adjust to the range of 2750-2800 points against the background of a more cautious policy of the Central Bank.