July 30th, 2009

...now browsing by day

 

In the 1 half of 2009 net profit Dalsvyaz on RAS increased by 24.3% to 1.072 billion rubles

Thursday, July 30th, 2009

Net profit Dalsvyaz in 1 half of 2009 on the RAS increased 24.3% to 1.072 billion rubles, the report says the company. Chitaia profit Dalsvyaz in 1 half of 2008 amounted to 862.5 million rubles.

Revenues Dalsvyaz grew by 12.8% to 6.64 billion rubles, EBITDA - on 11,1% to 2.325 billion rubles. Profitability EBITDA was 35% versus 35.6% in 2008.

In total sales revenue from telephone services vnutrizonovoy was 1.103 billion rubles (growth of 26.9%), local calls - 2.558 billion rubles (growth of 10.5%). Service for mobile radio communication, wire broadcasting, radio, television - 80.14 million rubles (down 4.1%), data transmission and telematic services - 1.937 billion rubles (growth of 28.4%), services, and adherence traffic - 502 18 million rubles (down 23.1%).

Increase revenue from local telephone services to 10.5% due to increases in tariffs in September 2008 and March 2009.

Revenue from cellular services declined about 1 half of 2008 to 19.9%. Click to continue »

Futures on the RTS index today rose by 4.9%, to close on the value of 99 180 items

Thursday, July 30th, 2009

The volume of trades in the main session at the Futures and Options market FORTS was $ 2 000 940 251. Overall, it was concluded 312 636 transactions. The number of open positions in Futures dropped to 2 956 728 contracts for options open interest rose to 2 620 688 contracts. Futures on the RTS index today rose by 4.9%, to close on the value of 99 180 points. The number of open positions in futures on the index was 355 868 contracts. Also increased and industry contracts: a contract on RTS Index - Oil & Gas rose by 2.64%, a contract for the RTS Index - Telecom grew by 14.01%.

The main futures, which looked better than the market today have been contracted to ordinary shares in OAO Tatneft (7.86%), which is also the leader for growth today, the contracts on shares of Russian banking sector and the shares of oil companies. The contract for the ordinary shares of OAO Sberbank of Russia (6.12%), a contract for the preference shares of JSC Sberbank of Russia (5.99%), a contract for the ordinary shares of OJSC Bank VTB (5,75%). The contract for shares in OAO Gazprom has increased by 5.31%, the contract for shares of NK LUKOIL (4.6%). Also among the contracts gained more than 5% of futures on shares of OAO Uralsvyazinform and the contract for the ordinary shares in OAO RusGidro.

Among the foreign exchange contracts was not unanimous: a pair of euro-dollar and euro, the ruble fell by 0.4% and 0.11%. The contract for the dollar-ruble rate increased by 0.19%.

Continued decline in oil contract class Brent, fell by 1.17% to the price of $ 67.70. The contract for silver dropped in price on 0,96% to $ 13.47. The contract for affinirovannoe gold ingots closed in positive zone, gaining 0.13% to the price at $ 932.6.

Since the opening evening session on the RTS index futures rose more than 100 000 items. In the growth of most of the contracts on stocks and commodities. The contract for the ordinary shares of OAO Tatneft has continued to hold the palm of the leaders of growth, gaining by 18.13 Moscow time for 2,45%.

Authorize and appreciate the story;;

Your grade will be the first!


Analyst Ratings

Click to continue »

Power Machines will open a branch in Brazil to work on the electricity market in Latin America

Thursday, July 30th, 2009

At the meeting of the Board of Directors of OAO Power Machines, held on July 27, decided to establish a branch company in Brazil, said the company.

The main objective of establishing a branch - the need for an early withdrawal of OAO Power Machines on the largest electricity market in Latin America, holding on to its largest regional markets for third place in the world. The branch will be located in the city of Sao Paulo.

At present, the company sells a number of major projects in Latin America. Power Machines manufactured and supplied equipment for the hydroelectric power station San Joao in Brazil (two hydroelectric power from 41 MW) hydroelectric power station La Yeska in Mexico (two hydraulic capacity of 375 MW). In addition, in the final stage of construction projects for hydroelectric power station Kileko (two hydraulic capacity of 36.5 MW) and hydroelectric power station La Igeyra (two hydraulic capacity of 77.5 MW) in Chile, as well as hydroelectric power station Los Karakoles (two hydraulic capacity of 65.2 MW) in Argentina. Click to continue »

By the morning of Thursday, most metals have chosen the green area at the same time with a moderate decline in the dollar

Thursday, July 30th, 2009

World stock markets

According to the Ministry of Commerce, the volume of orders for durable goods fell in June to 2.5% - a month earlier growth rate was recorded at 1.8%. At the same time, orders for durable goods, excluding vehicles increased in June as in May - at 1.1%.

released yesterday by a regional economic overview of the U.S. Federal Reserve Beige Book has been very cautious in the assessment of the current situation. In June and July, Economic activity remained weak, particularly bad case of employment in the housing market, demand - evidenced by the survey. Only 4 of the 12 banks responding said at that time signs of stabilizing the economic situation and, rather, can we talk about slowing economic downturn.

Investors U.S. stock market continued on Wednesday hesitant sale, the end of trading session was marked for the major indices moderately declining.

Dow Jones Industrial Average lost 0.29%, settled at 9070.72 point, Standard Poor's 500 reduced 0.46% and dropped to the 975.15 point, Nasdaq Composite declined by 0.39% - to 1967.76 item.

European markets finished the last auction in the positive area.

On Thursday morning, the site of the Asia-Pacific region traded raznonapravleno mainly podrastaya. The favorable news in the region at this time came from Japan: Industrial production in the country rose in June at 2.4% compared to May.

Metals Market

On Wednesday, July 29, at the London Metal Exchange dominated the second day in a row the color red. Bright encouraging news during the day does not go, and the rapid growth in the dollar forced speculators to sell raw materials. Click to continue »

In the time remaining until the end of the session most likely consolidation of the MICEX index at current levels

Thursday, July 30th, 2009

As of 14:51 Moscow time the MICEX index shows steady growth of 3.26%, meaning 1019r.

The largest increase occurs in the oil and gas sector (3.4%), less electricity and rising steel sector (1.8% each).

Index of large capitalization grows at 3.4%, the average market capitalization - on 1,16%, while small capitalization - at 1.2%.

The international reserves of Russia for the week increased by 1% and as of July 24 amounted to 402.4 billion dollars.

The government plans to Russia in 2010 to increase the excise duty on beer by 190% with the previously planned figure.

JSC MTS received a 1 st half of RAS net profit of $ 14.8 mlrd.r. is 39% less than during the same period last year.

OAO Raspadskaya received a 1 st half of RAS net loss of $ 450mln.r. Over the same period last year, the company received a net profit of $ 4.1 mlrd.r.

OAO Surgutneftegaz received a 1 st half of RAS net profit of $ 77.3 mlrd.r., which is 6% higher than a year ago.

OAO Transneft had received a 1 st half of RAS net profit of $ 2.2 mlrd.r., which is 3% lower than last year.

The September crude oil futures traded on NYMEX, rising to 1.2%, trading near U.S. $ 64,11 /barrel. September futures for the SP 500 index, traded on the CME, is growing at 0.8% and traded at U.S. $ 982.5

In the remaining time of the current trading session, most likely consolidation of the MICEX index at current levels.

Authorize and appreciate the story;;

1 users rated material 5.


Analyst Ratings

Click to continue »

Under the blow of paper may be today the banking sector and oil companies

Thursday, July 30th, 2009

European sites raznonapravleno closed, but near the opening. On the U.S. market dominated by sales. Yesterday, all the expected publication of a series of macroeconomic data, including the Fed Beige Book from the U.S., as well as oil according to the Ministry. Published data on stocks were not a surprise, but also drive the markets did not add - oil stocks rose last week by nearly 5 million barrels, while distillates stocks also rose. It was the reason for the collapse of vast oil market - after the publication of these prices collapsed by almost 6% to a level of $ 63/barrel. Stock in the area lost 0.5%, leading to falling shares of the commodity sector and banks (perhaps only the exception of Citigroup). The dollar began to strengthen, some investors once again became U.S. bonds, gold also deshevelo, to a level of $ 930/untsiyu. Click to continue »

As leaders of the growth of Russian fuel and energy complex corporate securities, preferred and ordinary shares of Tatneft grow at 5.29% and 3.14% respectively

Thursday, July 30th, 2009

MICEX Index today rose by 12:30 Moscow time on 1,06% and was, therefore, 997.29 points.

outsiders in the market to the above date again proved AvtoVAZ shares - as preferred, and common stock - decreased by 0.99% and 0.91% respectively. At this time, the dynamics of quotations of securities of Russian automakers, possibly reflecting the impact of published yesterday by the relatively unfavorable statistics of orders for transportation equipment in the United States.

On Wednesday the market data, a corporation Polimetall in 1 half of 2009, gold production decreased by 3%, silver - 2% (g /d). Such information was generally expected by investors. As a result, the sale of securities of the company, apparently stepped on the fact of the event. Losses capitalization Polymetal this morning at 0.72%.

led growth against a background of oil went up today paper corporations Russian fuel and energy complex, first of all - the privileged and the ordinary shares of Tatneft, adding, respectively, 5.29% and 3.14%.

The progress Tatneft in the development of bitumen deposits in the background of the depletion of the Russian Federation is relatively easily accessible oil, apparently, had rates of securities of the company's further support.

Stocks Acron rose this morning at 2.01%. Unconsolidated figures for the profit of RAS, published today, as expected by operators, have been relatively weak. However, data revenues and profitability Akron said the high demand for nitrogen and compound fertilizers in Russia due to the sharp decline in their value.

In general, judging by the quotes, above all, the American segment of the stock and sector carry trade, investors interested in venture investment remains at a relatively high level, including - under the influence is still very significant administrative and monetary support to financial markets of the regulatory structures. Perhaps, after some technical breaks, the world's stock markets, and including, the Russian segment, in the coming weeks will continue to increase.

Authorize and appreciate the story;;

1 users rated material 5.


Analyst Ratings

Click to continue »

Under the blow of paper may be today the banking sector and oil companies

Thursday, July 30th, 2009

Yesterday, the Russian markets showed mixed trends, but the trend was mostly downward in a short period of recovery. In the second half of the day was to go negative statistics from the United States, which, coupled with falling oil prices and have identified the negative of the Russian sites. As a result, the MICEX index fell by 1.54% to a mark of 986.8 points, while the RTS index - by 2.8% to 973.8 points.

Of the total allocated to the fall of several companies that showed good growth. This, above all, expensive second session Magnit (5.6%) and Dorogobuzh (2.8%), Severstal (1.5%) and Polymetal (2.5%). Among the declining stocks are allocated mainly oil and gas securities (average reduction of about 1-2%), as well as banks - Sberbank and VTB have lost about 2.5%.

European platform closed raznonapravleno, but near the opening. On the U.S. market dominated by sales. Yesterday, all the expected publication of a series of macroeconomic data, including the Fed Beige Book from the U.S., as well as oil according to the Ministry. Published data on stocks were not a surprise, but also drive the markets did not add - oil stocks rose last week by nearly 5 million barrels, while distillates stocks also rose. It was the reason for the collapse of vast oil market - after the publication of these prices collapsed by almost 6% to a level of $ 63/barrel. Stock in the area lost 0.5%, leading to falling shares of the commodity sector and banks (perhaps only the exception of Citigroup). The dollar began to strengthen, some investors once again became U.S. bonds, gold also deshevelo, to a level of $ 930/untsiyu.

Asian market with the start of bidding is also declining, the leading Chinese site. In Japan, was published on promproizvodstve (an increase of 2.5% m-k-m, with the growth recorded for the fourth consecutive quarter), but the production car have been disappointing (fall of production by 34%, while exports fell by more than 46% ).

All this, coupled with sluggish sales at sites commodity form negative background before opening Russian market. Under the blow of paper may be today the banking sector and oil companies. It is necessary to draw attention to reporting the largest companies in the U.S. and the EU - Exxon Mobil, Dow Chemical, Master Card, Royal Dutch Shell, Siemens. In the 16-30 will be available on applications for unemployment benefits, and according to the report yesterday from the Fed, a significant improvement of the market do not have to wait. We expect correction to the area of 950 items on the MICEX, but during the bidding may be trying to break outside the negative and find greater levels of consolidation of the indices.

Authorize and appreciate the story;;

3 users rated material at 2,7.


Analyst Ratings

Click to continue »

Overview of the foreign exchange market 30.07.2009

Thursday, July 30th, 2009

 

Posted yesterday monthly Ifo Institute survey of more than 4 000 companies showed that 45.1% of German companies in July, TG noted the limited access to credit instruments. This is the maximum value of this indicator in March 2006 The previous month the rate was 42.4%. In compiling the review was attended by industry, construction, retail and wholesale companies.

Among the published in the last weeks of macroeconomic indicators, the statistics, perhaps most clearly demonstrates the low elasticity of anti-crisis measures ECB, the need to revitalize the leading European Central Bank action associated with the policy of quantitative easing, and perhaps a further reduction in their base interest rates.

Against this background rate EUR /USD on Wednesday fell to 1.4000 marks and stores near the medium-term prospects of further weakening.
However, the situation in the area of relatively high-risk assets to continue to be able to meaningfully constrain the process of reducing the relative value of European currencies in the international market.


Yesterday

information that the indicator changes in U.S. orders for durable goods in June TG was -2.5% (m /m) with an average forecast of equal in this case only -0.7% and the value of the previous month, revised down to 1.3% versus 1.8% previously.

However, it is important to note that without the traditionally relatively unstable data trends in demand for transportation equipment specified indicator showed markedly higher than the value predicted by analysts. It was 1.1% (m /m) against the expected, on average, zero-market changes of the indicator and revised with a relatively small deterioration - up to 0.8% versus 1.1% previously - indicator index for the previous billing period. Click to continue »

Oil prices in the near future may test support of $ 65 per barrel mark for Brent

Thursday, July 30th, 2009

The decline in oil prices and the sale of the stock market slightly tarnished China sentiment in world markets. In the domestic players, among other things, was another reason for selling - the ruble plummeted in the environment. As a result, the MICEX and RTS indexes fell below 1000 points, continuing the correction began. It is not clear how long it can become. We think that much will depend no longer on the behavior of Wall Street, but on oil prices, which soon may test support for 65 dollars - to mark Brent, while the U.S. WTI could reach the level of $ 60

The Russian government has decided not to increase from 1 January 2010 NDPI and export duties on gas. This is a positive development to Gazprom, however, on the state budget, it is not clear: you have to consider that to count on risingprices for gas in 2010 is premature: it will depend on oil prices. In addition, Gazprom is used to enter into long-term contracts. One hopes only on the growth of exports.

now await data on the level of unemployment in Germany, it is expected to grow to a maximum level of 1.5 years. Against this backdrop, the euro continues to cheapen the dollar - yesterday, has already been tested support 1,40.

Authorize and appreciate the story;;

Your grade will be the first!


Analyst Ratings

Click to continue »