What should an investor keep an eye on this week

A new decision by the Bank of Russia on the key rate is expected this week — it may be lowered again, experts say. The event can lead to an increase in the value of bonds, especially those with fixed yields. The influx of money into the stock market due to lower deposit yields will support the Moscow Exchange index in the future.

On Monday, April 20, Promomed Pharmaceutical company will publish its IFRS financial results for 2025, according to Cifra Broker. The same day will be the last for the purchase of securities of the operator of the Moscow City center WTC with dividends for 2025, Gazprombank Investments added.

On Tuesday, Severstal will publish financial results under IFRS for the first quarter of 2026, Finam said. On the same day, the TGC-14 energy company will make a decision on dividends for 2025. In addition, Yuzhuralzoloto and the Europlan leasing company will share the reports, Finam said.

Apply for a rate: the Central Bank is expected to reduce the key rate to 14.5 in April.%

Inflation turned out to be better than expected, and economic growth is worse — but the regulator is cautious.

On April 23, the Arenadata IT company and Lukoil will make a decision on dividends for 2025 and the first quarter of 2026, Cifra Broker said. In addition, this day will be the last for the purchase of shares of the IT company Astra Group with dividends.

On Friday, the Central Bank will hold a meeting on the key rate, following which it may be lowered to 14.5%, follows from the consensus forecast of Izvestia. This event may lead to a temporary increase in volatility in the markets.

In addition, on April 24, the development company Aeroplane will publish financial results for 2025, and the energy company RusHydro will publish operational results for the first quarter of 2026, the First Management Company reported. This day will be the last for the purchase of Yandex shares with dividends. The Rusagro agroholding will also disclose the operating results for the first three months of 2026, and the shareholders of the Tattelecom telecommunications company and the Headhunter job selection service will make decisions on dividends for 2025, Finam reported.

The RGBI government bond index next week may be in the range of 120-122 points, Gazprombank Investments predicts. The dollar exchange rate is expected to reach 74-78 rubles, the euro — 87.5–92.5 rubles, the Chinese yuan - 10.8–11.4 rubles. The Moscow Exchange index is expected to fluctuate in the range of 2710-2800 points.