At the beginning of Russia"s trading market tried to move higher, the MICEX index at around noon the first time since August 2008 reached 1,469 points - but the reduction in foreign stock markets has limited investors" willingness to play to improve, and by the middle of the day Russia"s indexes had returned to neutral territory, and in the evening, after another portions of negative statistics from the U.S., and there is a thing of the "minus" - however, a slight, loss of the MICEX Index were -0.2% (1 452.67 points).

across industries has become an outsider metallurgy - after several days of rapid growth of quotations of most issuers adjusted, most of all - shares NLMK (-3.25%). In the oil and gas dynamics of different directions, notable sales were observed in the late afternoon in the shares of Gazprom (-1.56%), while LUKoil (0.3%) and Rosneft (0.19%) remained in positive territory, but the best are privileged Transneft shares (2.86%).

newly resistant were shares of banks (Sberbank 0.69%, VTB 0,4%). In electricity, the focus of investors has shifted to generating segment showed the largest increase in THC-9 (9.37%) and TGK-2 (8.7%), quotes WGC grew by 1-3%. The best the industry has become the telecommunications sector, led by preferred shares of Rostelecom (9.0%).

Expectations for today: the external background before opening Russia"s negative market: trading in the United States concluded a significant reduction in major indices, as oil prices continue steady decline. As a result, oil and gas sector will remain under pressure, setting a negative direction for the dynamics of the major indices, while at the same time, do not avoid selective growth of quotations in less liquid securities.

Trades in the U.S. today should be held in connection with the celebration of Martin Luther King. Investors from other markets will focus primarily on the dynamics of oil prices and the euro /dollar.

Click to continue »

On Friday, Russia"s stock indexes declined, under the pressure of negative dynamics of U.S. markets and oil prices: RTS (-0,17%), MICEX (-0.21%).

Shares of oil and gas companies, with the exception of securities Gazprom fell by 1,6%, mainly looked better than the market, despite the decline in oil prices: Rosneft (0.2%), LUKoil (0.3%). Shares of the banking sector is also in demand by investors: Sberbank (0.7%), VTB (0.4%). The worst of the market looked like paper steel companies: Severstal (-1,4%), MMK (-0.7%), NLMK (-3.3%).

On Friday, U.S. stock indexes declined on average by 1%. The source of the negative were weak corporate reports of major companies, in particular, did not justify hopes bank JPMorgan. At the same background are now showing negative momentum, most Asian stock exchanges. In commodity markets today, there is positive momentum. Oil prices are showing growth, correcting after the fall on Friday. A barrel of Brent crude oil worth $ 76,8.

According to our estimates, this morning"s background is more negative for Russia"s stock market. If the rise in oil prices continues, it is able to provide support as shares of oil and gas sector and the market as a whole. Today, the American Stock Exchange will be closed for a holiday, so investors "attention will increasingly focus on domestic fundamentals.

Click to continue »