At derivativnoy site FORTS futures traded raznonapravleno. Trading volume was $ 1 608 934 531. Overall, it was concluded 286 deals 753 futures contracts, options on the 1827 transaction. The contract for the RTS Index rose for the day at 1.49%, reaching a mark of 88 900 points. The number of open positions in futures on the index was 397 998 contracts. The contract for the RTS Index - Oil & Gas rose by 1.43%, the last transaction price was 131.25.

leading the growth of contracts on shares of Russian companies has been contracted to ordinary shares in OAO Polyus Gold, grew up to 6.28%. The contract for the ordinary shares of OAO Tatneft has increased by 5.31%. Others futures showed a moderate increase in 0,29% - 2,95%.

At the monetary section continued to strengthen the position of the ruble in relation to global currencies. Contract on the ruble-dollar rate and the contract for the euro, the ruble fell by 0.61% and 0.24% respectively.

Commodity contracts completed substantive session in a small minus. BRENT oil contract fell by 0.06%, prices of contracts for gold and silver fell to 0.32% and 0.68% respectively.

Click to continue »

Yesterday, a natural positive attitude most of the participants bidding for a wave of optimism, visiting the world's stock and trade areas, has led to the final growth of the main Russian indices in the continuation of the 3-day technical rebound (RTS index - 2.46%, the index of MICEX - 5.59%). Moderate increase the opening, a lateral momentum in the middle of the day and finish strong against the backdrop of significant growth in world oil prices and optimistic opening of Wall Street. The leader of the trading - shares Nornikelya against the backdrop of significant increases in world prices for nickel and other base metals. In general, a weak dollar and optimism on world equity grounds, China's GDP growth for the 2 nd quarter, significantly above market expectations. All led to a wave of optimism in world commodity markets, and commended the growth of the entire spectrum of the most liquid securities of Russian (Gazprom - 6.92%, Lukoil - 7.6%, Nornikel - 8.05%, Sberbank - 5.79%, Rosneft - 4.55%, Surgutneftegaz - 4.52%, VTB - 4.94%). As before, the low summer activity is in favor of the projected consolidation of the broadband coming weeks. Yesterday's growth - the whole of this consolidation.

Today, thanks largely positive morning external background and residual optimism yesterday the Russian stock market looks forward to a positive open, but very probable fixation intraday gains in the middle of bidding. Advanced morning Dynamics RTS Index, otygryvayuschego yesterday's upbeat finish MICEX. Good growth in the closure of major U.S. indices yesterday (DJI - 3.07%, NASDAQ - 3.51%, S P500 - 2.96%), but the negative dynamics of futures on major U.S. indices now, after the publication of unfavorable financial statements of several companies after the main session. Yesterday, all in favor of a growth Wall Street. Optimistic outlook from American Express about the expectations of future profits has led to the growth of the company's shares at 11.28%. I would like investors optimistic expectations about the reporting of today's JPMorgan led to an increase in the shares of banks. At the end of the day, shares of Citigroup rose by 8.56%, shares of JPMorgan - by 4.5%, shares of Bank of America - at 3.95%. The positive dynamics of world oil prices led to an increase in the energy sector shares. The index of the largest oil companies added to the outcome of the day at 3.6%. Among the most significant statistics - weekly data on unemployment, the index of business activity from the FBI Philadelphia for July. From the financial statements of the attention of investors, in addition to reporting JPMorgan, would IBM.

growth against a background of optimism of Wall Street - the stock markets of Latin America (Mexico - 4.09% Brazil - 4.96% Argentina - 4.46%), but very restrained upward trend in Asia (Japan - 0.81%, Korea - 0.8 %, China - 0.7%, Taiwan - 0.6%).

growth - on the world oil market yesterday, but the lateral dynamics of bids in Asia today. Yesterday helped the growth of the weak dollar, the optimism on world equity grounds, China's GDP growth for the 2 nd quarter, significantly above the expectations of the market, declining stocks of crude oil over the past week, expectations of greater market power for the Office of Information. August futures price of oil brand Brent on the results of yesterday's auction rose by 2.23 dollars to 63.09. In Asia, prices fell by 0.09 dollars. The current market dynamics to determine the dollar trend.

growth against a background of weakening of the dollar and the euro - in the market of the major base metals. As a result of yesterday's auction at the LME, three-month futures price of nickel rose by 8.32%, copper - at 3.92%, and zinc - to 3.01%, lead - to 3.13%.

positive trend - in the ADRs of Russian oil and gas stocks in the United States, a significant positive discount relative to the closing prices of shares on the RTS July 15: Gazprom - 5.65%, Lukoil - 2.24%, Surgutneftegaz - 1.72%.

The Russian stock market is expected to start bidding optimistic significantly advance the dynamics of the RTS index. It is very likely commit arrived in the middle of the day. The end of bidding - on the dynamics of world oil market and the opening of Wall Street since the financial statements of major companies and unit statistics. At yesterday's residual demand in the early days, best market - the dynamics of the shares of Gazprom and Nornikelya.

range of today's fluctuations in the index MICEX - 960-920 items, RTS index 925-900 points.

Click to continue »

Some non-bank financial sector in Ukraine is considerably lower compared with the bank. At today's 820 credit unions, whose membership includes more than two million Ukrainians (of which about 130 thousand are active investors) accounted for only 7% of the total assets of all financial institutions.

And if at the end of 2008, total assets of credit unions amounted to 6.267 billion hryvnia (this corresponds to a small commercial bank assets), then at the beginning of April this year, their assets and deposits declined by about a quarter. Such statistics led the Chairman of the State Commission on Regulation of Financial Services Markets of Ukraine Viktor Suslov.

He noted that these figures indicate a complex situation in which credit unions today: savings depositors depreciate, there is capital outflow, consumers have become less than the services of credit unions, the cases of rebellion investors. Has recently been even an attempt to penetrate the building of State Commission on Regulation of Financial Services Markets of Ukraine.

Some people arranged for a fight, and some, referring to the violation of their rights and interests in connection with the failure of savings and threatened to carry out suicide right in front of the commission. Although Viktor Suslov asserted that the riot caused by the interests of certain forces who are trying to use the depositors of credit unions for political purposes.

the meantime, market players are non-bank financial service providers have developed anti-crisis program, which they believed would improve the status of credit unions. However, money for its implementation have asked the National Bank of Ukraine. They say, for the financial crisis may have not received one penny from the state. And this at a time when commercial banks have in the past year has been provided financial assistance of $ 45 billion hryvnia.

Viktor Suslov appealed to the National Bank of Ukraine with this sentence: NBU will provide a trust authorized by a commercial bank loan, which will use the money to refinance credit unions. The amount of requested credit unions, as the representatives of non-banking finance sector, a small - only 500 million to 1 billion hryvnia. However, the National Bank gave a negative answer, citing the fact that, in accordance with the law, he should not worry about the stabilization of credit unions, as well as insurance companies, it is responsible only for the stability of the banking system.

Credit unions such acts of National Bank unhappy because, they claim, the role of the sector of financial intermediation for economic development of Ukraine is very important. Credit unions support the national currency, because, without exchange of licenses to operate only in the hryvnia. Click to continue »