Russia
inertial motion of American stock trading sites at the closing weeks prior data maintained corporate reporting, the main weight of which is Goldman Sachs Group and Intel Corp. At the same time, reporting figures for retail sales and construction show in favor of a gradual rebuilding of the U.S. economy. Shares of Bank of Goldman Sachs rose 11% to maximum price levels since September last year, demonstrated a record profit of 3.44 billion dollars. Paper Intel, in turn, gaining about 17% on the background rate of profits, twice expectations.
The Russian stock market, according to several international investors, such as Mark Mobius of Templeton Asset Management continues to be undervalued and to maintain their attractiveness for investment. Taking into account the natural resources and their delivery to international markets, Russia may indeed be of interest to the investment community, but for the expected returns are high and such risk factors as political and economic, which leads to a differentiated approach to investment. Turning to the domestic market in terms of technical analysis can be noted at the afternoon perekuplennost scale MICEX index, however, continued pereprodannost on a weekly schedule of the market. This in turn can lead to a consolidation at current levels for the release of steam, and movement within the boundaries of 930-980p. MICEX index in the near future. It should be noted that the support of the oil market, has the opportunity to support the domestic stock exchanges after this period of consolidation may enable the growth to 1070p. in the next two weeks.
Europe
European stock markets closed, the growth of the fifth day in a row, as investors hope the economic recovery strengthened, with the favorites have been bidding shares of banks and commodity companies. Pan-European index of blue chip FTSEurofirst 300 rose 0.5 percent to 871.05 points. Last week, the index gained 7 percent, which was the best dynamics for the period from the end of November. Bank shares went up, having played earlier losses as investors are studying the results of American Citigroup and Bank of America. Quotations HSBC, BNP Paribas, Societe Generale and Banco Santander rose to 0,5-2 percent. Shares of commodities rose, as oil and copper added in the price. Paper BG Group, BP and Total increased by 0,9-2,1 percent. Shares Antofagasta, BHP Billiton, Rio Tinto and Xstrata increased by 1,0-5,4 percent.
| FT-SE 100 |
26.91 |
0.62% |
| DAX |
21.21 |
0.43% |
| CAC40 |
18.78 |
0.59% |
Asia
Asian markets peaked the previous ten months against the backdrop of rising prices for metals and energy, as well as impressive data on the start of construction in the United States in June. Jiangxi Copper Co .- the biggest producer of the metal in China grew by 5.7% on the bid in Shanghai, while James Hardie Industries NV - the largest seller of facing materials in the United States grew by 5.6% during the auction in Sydney. Shares China Life Insurance Co. - Increased by 3.7% in the tender in Hong Kong against the backdrop of statements by the regulatory authorities that the national income of insurance companies should increase in the first half almost doubled.
| NIKKEI 225 |
51.16 |
0.55% |
| HANG SENG INDEX |
553.50 |
2.94% |
| SHANGHAI SE A SHARE INDX |
81.15 |
2.42% |
| SHANGHAI SE B SHARE INDX |
2.96 |
1.44% |
| KOSPI INDEX |
38.41 |
2.67% |
United States
The American economy in the second quarter of this year did not decline as much as in the first quarter, said director of the White House Budget Office, Peter Orshag. U.S. GDP in the first quarter of 2009. decreased by 5.5% year on year, rather than 5.7% as stated earlier, the U.S. Department of Commerce reported. Orshag said that the GDP data for the second quarter, almost certainly would indicate a contraction, but still they are much better than the first quarter and, therefore, progress is evident. He also noted the disappearance of panic syndrome in the markets and said that the White House is now at the forefront of growth raises the number of jobs, consumer spending and exports, seeing in it the main force of economic growth. Despite encouraging signs in the American economy Orshag called for patience, for the recovery will take time, and the unemployment rate for some time continue to rise, he warned.
| DJIA |
32.12 |
0.37% |
| SP 500 |
-0.36 |
-0.04% |
| NASDAQ COMPOSITE INDEX |
1.58 |
0.08% |
| NASDAQ 100 |
8.39 |
0.55% |
Closure ADR GDR trading on the western sites were divergent in nature.
| Gazprom |
-0,27% |
| Rosneft |
0,28% |
| Surgutneftegas |
-0,63% |
| MMC Norilsk Nickel |
0,86% |
| Rostelekom |
-0,67% |
| Gazpromneft |
-0,35% |
Prices are per 1 share
* closing price of a receipt for the United States and European markets to the closing price of shares on the MICEX.
major macroeconomic statistical data suggest that attention to
The index of leading indicators in June in the United States. The data will be published in
18-00 Moscow time.
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