What should an investor keep an eye on this week

In the coming week, the Russian market will live on dividend decisions and macro statistics. Several large companies will hold shareholder meetings on interim payments for the first half of the year, and a draft federal budget for 2027 will be submitted to the State Duma by Thursday. Investors will also keep an eye on Rosstat data, which will set the tone before the Central Bank's October key rate meeting.

"September 28" is the last day of the purchase of shares of Ozon Pharmaceuticals before the closure of the register for interim dividends for the first half of the year, analysts of the Management Company "First" reported.

"On Tuesday"Gazprom Neft and MKK "Zaymer" shareholders will vote on the dividends for the first half of the year and the second quarter, respectively.

"""""""""" The main block of the dividend meetings will be held on September 30: payments for the first half of the year will be approved by the shareholders of Novatek, Norilsk Nickel, Tatneft, Novabev Group, Cherkizovo and B2B-RTS. Rosstat will also publish weekly inflation data, employment and retail sales statistics for August. A bill on the federal budget for 2027 will be submitted to the State Duma by October.

Thursday is the last day of the purchase of shares of "Inarktika" for interim dividends. "T-Technologies" shareholders will also vote on payments for the first half of the year. In addition, the Moscow Stock Exchange will reveal the trading volume for September, and S&P Global will present the index of business activity in the manufacturing sector.

On October 2, investors will have the last opportunity to purchase shares of bank "Saint Petersburg" for interim dividends.

The RGBI index, according to Alexander Dudnikov, an analyst at "Digital Broker", may shift to the upper limit of the range of 112-113 points. The summary of the key rate discussion following the September meeting of the Central Bank does not contain clear signals of tightening, which relieves additional pressure on the bond market.

In the foreign exchange market, the ruble's weakening potential looks limited against the background of high oil prices and interest rates. According to the expert's forecast, the dollar will trade in the range of 83-86 rubles, the euro — 96-100, and the yuan - 12.4–12.8.

The Moscow Exchange index, according to "Digital Broker", may move to consolidation in the range of 2200-2300 points. High energy prices keep the market from declining.