Morning trading on the1000Russian sites have opened growth of quotations liquid securities with a moderately favorable external background, but the purchase did not find the continuation, and the whole initiative has passed into the hands of sellers.

As of 14.00 Moscow time the MICEX index decreased by 1,7% and is located at around 1,436.46 points, the classic RTS index has lost 1,78% and is located at the level of 1529.23 points. Trading volumes were as follows: on the MICEX - 24,2 billion rubles. On RTAs - 286,7 million

Decrease securities quotation occurs in all sectors, plus up to 1.5% only a few securities are traded electricity. Shares AvtoVAZ grow at 0.45%, PIK - on 1,2%.

Most of all reduced metallurgical sector (-2.65), which enjoyed the beginning of the year in high demand. Shares of Norilsk Nickel reduced by 1,21%, Polyus Gold - on 2,07%, Severstal - on 2,47, TMK - at 3.28, CMI - on 1,67%. To help sellers come lower prices for precious and industrial metals.
At the moment the price of Brent crude oil is $ 76.1 per barrel (-0.29%), the price of WTI crude oil is $ 77.61 per barrel (-0.17%).

Gold traded at $ 1,101.4 an ounce (-1.01%), platinum - at $ 1,597.2 an ounce (-1.26%). Copper is worth $ 7,384.37 per tonne (-0.16%), nickel - $ 18,655 per tonne (-0.77%), palladium - $ 459.1 per troy ounce (-0.64%).

The clouds are gathering over the stock market. If the morning on U.S. futures indices and crude oil traded in positive territory, but now there has been a negative trend. Europe also traded in the red. Today in the U.S. comes out a large block of macroeconomic statistics, and reports a number of major companies such as Goldman Sachs, Xerox, American Express, AMD, and Google, so perhaps before the end of the trading session we will see increased volatility in the market of Russia, although a positive outcome today it is unlikely.

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global equity markets
Index U.S. stock market closed yesterday, although reduced by more than 1%, were able to still closer to the end of the trading session to win back part of the losses incurred by the day.

The first half of the session on the U.S. stock market was held under the banner of "bears", which accelerated in connection with the release of weak financial reporting. For example, one of the largest U.S. bank Morgan Stanley has received over the past quarter net profit from continuing operations of $ 413 million, or 14 cents a share, if the market consensus forecast of 42 cents per share. Paper companies have fallen in price for the day on 1,8%. Equity-reporting earlier IBM fell on its day to 2,9%.

Some companies, however, were able yesterday to please investors with the results. Shop Online eBay in 4 quarter of 2009 was a net profit of 1.35 billion dollars (1.02 dollars per share), which is more than 3.5 times better than the same period last year. The company"s revenues grew by 16% and amounted to 2,37 billion dollars

Network U.S. Starbucks stores over the past quarter, increased its net profit to 3.75 times as against the same quarter last year - to 241,5 million (32 cents per share), revenue for the same period grew by 4, 1% - to 2,723 billion

This morning futures on "America" moderately growing up. Asian sites after the news from China a little recovered, though they still remain in negative territory.

According to statistics published this morning from China, the country"s industrial production rose in December at 18,5%, retail sales increased by 17,5%. China"s GDP growth accelerated in the 4 th quarter of last year to 10,7%, and up to the whole year 2009 amounted to 8,7%, thus exceeding the planned level of 8%.

Some published in the PRC data were worse than expected. In particular, the accelerated growth of the consumer price index (1.9% instead of the pre1000dicted 1,4%), reinforcing fears of escalation of inflation in the country against the backdrop of a soft monetary policy. In general, the published statistics was perceived market optimism and resulted in a modest rebound of the Chinese stock indexes. Demonstrate the positive momentum on Thursday morning as Japanese and Korean stock markets.

Metal Market
For the metals market as well as for most of the world"s trading platforms, the last day was marked by falling of quotations. In the weak output of the financial statements of some companies, pressure on commodity markets helped in the growth medium of exchange rate value of the dollar.

At the London Metal Exchange touched a collapse in prices, especially lead, cost per day of which fell by 5,4% - to $ 2,295 per ton.

Contracts for zinc, copper and nickel fell by 2,4% (2444 $) 2.25% (7375 $) and 2,2% ($ 18,800), respectively. Aluminum prices have fallen by 1,2% - to $ 2,267. Quotes of tin fell by 1,1% - to $ 17,775.

In the group of precious metals palladium continued its upward movement ($ 462.05), gold has lost 2.4% ($ 1,112.6).

On Thursday morning, supported by statistics from China, the metal markets are trying to play yesterday"s fall, all without exception, industrial metals on the LME traded in green.

Market Oil
After a small rebound on Tuesday at the auction on Wednesday, "black gold" has continued to move downwards, aided by the confident strengthening of the dollar.

As a result of last trading session of Brent crude lost 1.7% of market value and be firmly on the value of 76.32 dollars per barrel. The March contract variety WTI have fallen on 1,77% - to 77.62 dollars per barrel.

night as oil prices have adjusted sharply upwards after the release of data on its reserves of oil depots in the United States from the American Petroleum Institute, in accordance with which the week from 10 to 16 January crude oil inventories fell by 1.8 million barrels, distillates - at 3,385 million barrels, gasoline inventories increased slightly (0.67 million barrels).

published closer to the morning of the key statistics of China on the basis of December 2009 has provided additional support for Hydrocarbons.

Russia Market
On Thursday, January 21, Russia"s stock market has opened growth of quotations of the most liquid securities. Most important indicators of the external background, we sent out positive signals in the morning.

U.S. stock market indices closed lower yesterday, more than 1%, but they finished at higher elevations than those on which they were at the close of the domestic exchanges. This morning futures on "America" moderately growing up. The situation on the commodity trading platforms also improved. The Asian region, which although dominated by the downward momentum has pleased us with a good morning makrostatistikoy from China.

Gradually, however, the optimism of market participants significantly weakened and, apparently, the majority of Russian securities companies and leave a negative. During the day, is not out of high volatility associated with the publication of important macroeconomic data and reporting of U.S. companies.

At 16:30 Moscow time. U.S. Department of Labor publishes weekly data on U.S. citizens" appeals for unemployment benefits last week, at 18:00 Moscow time. released Janf34uary"s index of business activity of Philadelphia (Philadelphia Fed), at 18:30 Moscow time. - Official figures on oil reserves from the Ministry of Energy, USA. Important statements published today before the closure of Russia"s stock market, note Goldman Sachs and Xerox.

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MICEX today to 12:15 Moscow time has decreased on 0,85% to a mark 1 448.8 points.

The best market in this case again, as yesterday, shares were traded RTAs and FDI went up by 6,61% and 5,21%. At this point, raising market quotations of these remains is not associated with any significant fundamentals, except for a slight increase in property prices in late 2009 - early 2010 Apparently the major factor increasing the capitalization of these companies in recent days is its low, compared with the broad stock market, the medium pace of recovery.

On the other hand, the relatively unfavorable showed this morning actively rise in price in recent weeks, shares VSMPO, Severstal, Akron and Uralkaliya. Their quotes have lost, respectively, 2.27%, 2%, 2,17% and 2,38%.

In general, the current situation in foreign markets contributes to the further development of "bear" trend on the equity segment. Perhaps the decline in investment activity on it in the next few weeks will continue.