Today the rest of America, so in the absence of key players in financial markets, Russia"s stock market should follow European stock indicators and dynamics of commodity prices. With the opening of trading on the MICEX quotation Brent futures gained more than 0.5%, which "brought up" and opened up a slight decline in our core "chips". Gazprom, Rosneft, Lukoil and Surgutneftegaz are added within 1%. Sberbank reached an important technical resistance level of 89 rubles. Which, by the way, (if anyone still remembers) corresponds to the price of the national deployment of additional issue shares of a financial institution in early 2007. Continuing steady rise in stock price Severstal (5.7%) and CMI (3%), while talking about the overall growth of stock steel companies today do not have to - other representatives of the sector (Novolipetsk Steel, Mechel, Raspadskaya) today show no appreciable rise. Again, there are attempts to raise the higher share prices of regional telecoms (up 2.4%). It is likely that an additional factor for increased efforts to play up today"s message was to increase the proportion of state-controlled bank KIT Finance in the capital Uralsvyazinform to 9%. Given that the previously available information about buying close to the state structures of large blocks of shares in regional telecoms, the idea of buying up shares of Svyazinvest"s subsidiaries country in anticipation of its reorganization is more evidence. However, as the purchase of shares is approaching its logical conclusion, the risks of buying shares of these companies are increasingly growing.
MICEX adds 1%, but still remains below the peak last week. The lack of a market full of Americans and calm on the emerging statistics can count on continued weak progressive movement in our market in the second half of the day. Moreover, the record surplus of Operations CBR to provide liquidity today (360.2 billion rubles.) Promotes bull. And to improve the external background was quite sufficient for improving the Government of Germany today forecast GDP growth rate for the current year from 1.2% to 1.5%.
| log in and see the material;;
1; user rated material at 2. |
Analyst Ratings |