RTS has completed the current session of the increase in 0,66%, to end at 1 073.62 points. Indicator RTS-2 added 1,41%, closing trading at around 984.57 Fri

better market on the Stock Exchange Russia Trading System appeared on Tuesday shares of energy companies, primarily - FGC, quotes which maintains the information that the government of Russia was in favor of an early translation of the electricity network to a new system of tariff regulation (RAB).

On the other hand, hetero-directed movement of quotations of futures for metals and energy resources, dominated in recent days, apparently, has created this background of relatively weak conservation measures of shares of Russia's enterprises of fuel and energy complex, metallurgy and mining companies.

Meanwhile, today's data is the U.S. macroeconomic statistics again were potentially bullish for the quotation of the stock segment character. Index of planned sales in the U.S. housing market showed a higher mark up to two-year maximum. Indicator of business climate in American industry, calculated ISM, the first time since July 2008 reached the levels reflecting expansion in this sector of the economy.

Investors apparently in no hurry to win back comes to the market enabling the U.S. macroeconomic statistics. However, in practice the last quarters, such a situation - especially taking into account the abundance of liquidity in currency markets - is not sustainable. Perhaps after a certain period, the slowdown of investors in the coming days, increasing in Russia, the world stock market resumes.

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Stocks telecom may be the most interesting idea in September

During today's session of the bidders to monitor closely the price of oil. Futures for crude oil Brent, again unable to resist mark of $ 70 per barrel, have led to fire-sale securities on the equity market, in the beginning of the session to show positive momentum. Volatility in oil futures was linked to the situation on the currency market, where the U.S. dollar regained some lost ground. Pull out negative ruble zone indicator could opening the American market - the positive dynamics of U.S. indices has led to the rebound, including the papers of oil and gas companies.

The main event of the day was the announcement of the data on the U.S. economy, which reinforced the optimism. Index of industrial activity was significantly better than forecast, accounting for 52.9 points against the expected 50.5 points. However, even these positive data ruble indicator failed to return to the maximum of the day, reflecting the relative weakness of the bulls. The rapid growth was maintained in the global stock markets for long - the market participants chose to fix the profits. Following the session, the MICEX index added 1,19%.

positive statistics contributes to purchases in the U.S. market, but the curtain on the sites of the U.S. session likely wave of sales in light of the significance of tomorrow. Before the opening of tenders will be made public a report on the labor market from ADP, which adjust expectations for Friday's report. It should be noted that the SP 500 index today tested the strength of support, dropping to a mark of 1012.5 points. If the index closing below the level of support in Russia market can form a serious wave of sales. It is worth noting that the Chinese market today and could not recover from the collapse of the last day of summer.

Securities oil and gas sector tomorrow will be played at the opening of the data on oil reserves from the American Petroleum Institute. Expected continued growth stocks, so the futures on Brent oil may once again fall below the psychologically important mark of $ 70 per barrel. However, the reduction for the first 5 months of oil production by OPEC in August may have a substantial support to oil quotations. In addition to the cost of black gold, for shares of the sector are also affected by corporate news, while reporting to Rosneft for the first half of US GAAP left without attention of market participants and the dynamics of the company coincided with the dynamics of other securities industry.

better market again traded shares of the telecommunications sector, which are pulled to the papers of other sectors, showed more substantial gains in the July rally. Paper telecom continues to grow on the idea of unification on the basis of Svyazinvest. In the case of the announcement of new details of the action of the telecommunications sector may be the most interesting idea in September.

It is to highlight and shares of Sberbank, which have shown rapid growth in the middle of today's trading day. In my opinion, this growth is due to the actions of a large investor. Equity Bank rushed to the important resistance - a mark of 50 rubles., Which today has not been achieved.

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The first half of August, Russia's market is not happening meaningful changes, but by the middle of the month there was an adjustment, and is closer to September, the market has grown again. Month closed in positive territory on MICEX (4%).

By the end of the summer in the market, we can say there was a lull (volumes were below the average). Today, the first of September, the first day of autumn, we started with the growth, and eleven in the morning market is in a green corridor (1.5%).

extraordinary and strong growth from the fall I do not expect. I think that investors need to find a way to short-term release of shares. You may need to search given a chance in the first half of autumn, in order to sell more expensive than now. This is due to the fact that in the future, in my opinion, the possible deterioration of economic indicators in the world that will lead to the downfall of the stock markets. Most likely, this could happen in the autumn, namely, in the second half of September, maybe earlier. This is due to the fact that 31-September ended fiscal year. All programs flooding the economy with money, coming to an end. And that hurt, which was already implemented.

worldwide continues to increase in unemployment and the consequent drop in consumer spending and therefore company profits. Even in spite of the fact that profits from the companies better than forecasts, it is still the result is not comforting.

Continuous growth that we saw from the beginning to the end of the summer, still continues. However, optimism for the game to increase it too much, so I think that there will be some very serious correction. Therefore, the Council now to be cautious on the market.

In September, the market will be actively influence statistics, which goes to America almost every day. In October, the companies will go out on the data for the third quarter, and these processes must be carefully monitored.

oil is now trying to consolidate above $ 70, which will positively affect the situation in the world, but the deteriorating situation on stock markets, it is possible that it may be adjusted to the area of $ 50-60 and, accordingly, at this time, if be such a strong drop in equity markets, the U.S. dollar will rise to all currencies.

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Possible scenarios of behavior of the futures on the RTS index in the near future:

Objectives futures on the RTS if it's :

1) The green horizontal line - 75 000 points on the RTS Index futures.

a. 7 - 14 trading days.

Objectives for RTS Index futures for its growth :

2) red horizontal line - 116 000 points on RTS Index futures.

time to achieve this goal:

a. 2 - 3 trading days.

3) Blue upward sloping line - 120 000 points on the RTS Index futures.

time to achieve this goal:

a. 5 - 7 trading days.

Recommendations for today :

1) sell at a penetration level of 112 000 points. Stop - Loss put at the level of 12500 points.

2) To sell at a penetration level of 104 100 points. Stop - Loss put at the level of 103 600 points.

Evening session on FORTS August 31, 2009 :

whole evening RTS Index futures traded in side views. Trading volume - two times lower than usual. This pattern was due to the fact that the decline of U.S. market indexes members Russia assumed before the opening of trading on the West - and played it completely. Evening, that America is not showing signs of deterioration.

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Polyus Gold

Surrounding levels of support: 1178.5 /1150.0 /1112.1

Surrounding resistance levels: 1191.1 /1198.5 /1200.0 /1216.0

As a result of yesterday's session, shares of Polyus Gold lost 0,586%. The papers continue to consolidate in a narrow price channel formed by the lower boundary of the trend, shares of which went down late last week, and the level of support that the opening will be held on a mark of 1178.5 rub. Opening on shares is seen in the negative zone, due to the negative dynamics of futures for gold. Paper test the level of support, and if penetration down recommend kortokie open position, as will the potential to contribute to a mark of 1150 rub. Open positions on the purchase is recommended at a penetration level of up 1200 rubles.

Gazprom

Surrounding levels of support: 161.5 /160.0 /155.5 /155.0

Surrounding resistance levels: 163.2 /164.4 /165.0

Gazprom shares on the eve lost 2,510%, to close near a 50% Fibonacci correction on the annual maximum. Opening of the papers will be neutral, as oil futures traded below those levels at which they left Russia's stock market, and futures on indices the U.S., by contrast, contribute to purchases. Attractive levels, for the purchases seen 200-day moving average (161.5 rubles)..

LUKOIL

Surrounding levels of support: 1553.0 /1535.9 /1526.2

Surrounding resistance levels: 1584.0 /1586.4 /1593.6 /1600.0

Following the last session, shares of LUKoil lost 1,372%. Paper Company consolidated near the 61.8%-th Fibonacci correction on the annual maximum. The opening may take place in a symbolic minus amid falling oil prices. To form the position to buy is a 200-day moving average (1535.9 rub.), Or at a penetration up psychologically significant level of 1600 rubles.

Savings Bank

Surrounding levels of support: 47.1 /45.0 /44.0

Surrounding resistance levels: 47.6 /48.2 /48.4 /50.0

Sberbank shares on the eve of closed in the red at 1,698%. The papers were traded in a fairly narrow range, near the 200-day moving average, passing around a mark 47,3 rubles.

Opening on shares is seen neutral. To form the position to buy I recommend the level of 61,8%-th Fibonacci correction on the annual maximum (47.1 rub.). The immediate goal is the mark of 48.2 rubles. Which will help close the gap, formed yesterday at the opening.

VTB

Surrounding levels of support: 4,10 /4,05 /4,00

Surrounding resistance levels: 4,35 /4,36 /4,38 /4,44 /4,50

Shares VTB-up session on Monday fell by 1,366%. Opening expected neutral: upward movement will be limited to moving averages, which would hinder the achievement of 61,8%-th Fibonacci correction on the annual maximum (4,38 cop.). In this regard, I do not recommend forming position on a purchase. In case of bad attitudes paper can go to a 50% Fibonacci correction on the maximum years (4,10 cop.).

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