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.

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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.

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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.

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On Wednesday, under pressure from the negative external background of the Russian stock indexes opened decline. During the day, support the growing European markets have stock market indicators, but the negative trend in oil prices has had a significantly higher pressure, resulting in the RTS index fell by 2,80%, MICEX index fell by 1.54%.

Against the backdrop of falling oil prices falling share prices of oil and gas companies: Gazprom (-1.54%), Rosneft (-0,1%), Lukoil (-0.8%). Papers banking sector looked slightly worse than the market: Sberbank (-2.4%), VTB (-2,4%). Shares of steel companies have demonstrated mixed dynamics: CIM (-1.2%), NLMK (0.4%), Severstal (1.6%).

On Wednesday U.S. stock indices closed in the negative range, in particular, S P500 index fell by 0.5%. The market declined after the shares of commodity companies, the pressure that had podeshevevshie oil and metals. At the same background of the Asian indexes today show predominantly negative trends. Oil prices dropped sharply yesterday after the published data on stocks of fuel in the United States, under which oil reserves increased by 1.5% instead of the expected decline. Price barrel of oil brand Brent is at a level of $ 66.5.

According to our estimates, this morning's background again negative for the Russian stock market. Most likely, at the opening of the market will continue to decline following the commodity trading companies. However, the increase in futures on U.S. stock indicators able to support the Russian index. In the course of today's trades may affect the data on the number of applications for unemployment benefits in the United States, which will be published in 16.30.

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RTS Index on the basis of today's auctions has lost another 2.80% to end up 973.78 points. Indicator RTS-2 in the closure of the session decreased markedly lower - at 0.7%, up to 877.62 Friday.

The main reason for the negative dynamics of the most liquid Russian shares on Wednesday - this, obviously, the price of light oil, falling under the influence of hard statements of American regulators for two days at 7%. Against this background, the Russian stock market look today in the international financial sector is relatively weak.

On the other hand, once again the role of defense of the equity securities of domestic segment successfully executed the action a second tier, presented at the Russian Trading System stock exchange industry, consumer goods and retail.

Meanwhile, U.S. stock indexes dropped by the opening of the session under the influence of a larger than expected by investors, reducing the index of goods in the durable goods orders, by the end of the first hour of the trading began quite actively restore their positions.

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 average forecast by analysts value. In addition, orders for capital equipment, excluding defense goods and aircraft industry showed in June TG second consecutive increase, which usually means an overall increase of investment in the U.S. economy in the period.

Trend of U.S. macroeconomic statistics, received in recent weeks against the backdrop of the continued support of the global financial sector from the regulatory structures are still, in general, are favorable for the bulls in nature. Perhaps after a certain, in many ways - technical breaks, the world's stock markets, including - to the Russian segment, in the coming weeks will continue to increase.

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