On Thursday, the opening bid at the Russian sites have passed in the positive dynamics, the reason for which was the restoration of American sites on Wednesday. However, towards the end of trading session, the external background worsened. The decline in oil prices has given a bear forces, and helped lead the market lower than 900 points on the MICEX index. The leaders began to reduce paper Mosenergo (-3.85%). They were shares of the Company and Tatneft Gazpromnefti losses which amounted to 2.4% and 2.97% respectively. On the positive territory were able to finish the day the paper Lukoil (0.08%) and RusGidro (0.34%). At the end of the trading the MICEX index fell by 0.93%, ending the day at 896.2.

U.S. markets yesterday's trading session held sideways movement from the previous day's closing level. Attempts to take away market in one direction or another have not been successful. At the end of the trading Dow Jones index rose by 0.06%, S P500 Index and the NASDAQ rose by 0.35% and 0.31% respectively. At the morning session, futures on S P500 index traded at 881 level.

energy market yesterday morning showed correctional movement upwards. Once the futures of oil brand Brent of 62.4, the decline has continued, resulting in crude oil reached 60 dollars per barrel. Then, against the backdrop of high volatility, there was recovery to the level of 61. Morning session is held in lateral movement of the closing levels of the previous day. By 10.10 the contract for oil brand Brent traded at $ 61.1 /barrel.

Today, we look forward to moderately positive opening on the background of the restoration of the energy market. This will allow the bulls put the market above 900 points mark. In the future, players will continue to closely monitor the market for oil and western areas. Also attract the attention of statistics on the trade balance in the United States and the consumer sentiment index, calculated the University of Michigan. Today, if the positive momentum and the output of best expectations, it is possible to achieve the MICEX index of 935, but the likelihood of further reduction of this level is very high, resulting in a recommendation, we remain outside markets.

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On Thursday, Russian stock indexes finished trading moderate decrease in the pressure of dominant negative external background: RTS (-0.5%), Moscow Interbank Currency Exchange (-0.9%).

In the framework of market trends traded shares of banks and oil and gas sector: Lukoil (0.1%), Gazprom (-1,0%), Rosneft (-0,8%), Sberbank (-0.4%), VTB (-1,5%). Norilsk Nickel (-1.1%), despite the rise in major commodity groups are also recorded decrease. Significantly worse than the market shares of CMI appeared (-6.1%), Raspadskiy (-6.3%) andTMK (-5.6%).

On Thursday, the U.S. stock market indicators closed in slightly positive, supported by growth in the financial sector and commodity companies. Moderately positive trends have developed, and the stock sites in Asia, where key indices added within 0.5%. Stopped falling commodity areas: oil futures have stabilized at $ 61, after several days of the fall in succession had grown up non-ferrous metals industry.

According to our estimates, a morning background today is moderately positive for the Russian stock market. However, we do not anticipate creating any sustained ascending trend and believe that the market will continue to consolidate around current levels. Good chances look better than the market currently have stock of oil and gas sector, as banks try to win back some lost ground.

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