February 17th, 2010

...now browsing by day

European stocks fall 3rd day in a row on the statements of Obama”s reform finsektora

Wednesday, February 17th, 2010

Trading on European stock markets end with the fall on Friday following the decline in the U.S. and Asia. This occurs after the U.S. president Barack Obama has proposed to limit the size of financial institutions in the country and the volume of their trading operations, reported Bloomberg.

composite index of the largest companies in the region Dow Jones Stoxx 600 fell from the open market by 1,8%, the fall of the indicator has been going on the third consecutive bid. Shares of all 19 major industry groups are becoming cheaper in the course of trading on Friday. The fall of the index last week at the 3.2% growth in graded index since the beginning of this year.

fall recorded in all 18 major trading areas in Western Europe.

U.S. President proposes to limit the size of financial institutions in the country and the volume of their trade, believing that these measures will limit the risks assumed by banks. Initiative Barack Obama has caused a sharp decline in shares of the largest banks in the U.S. and contributed to the growth of negative sentiment among investors.

"The collapse of stock markets on both sides of the Atlantic will force investors to think seriously about this weekend - says CMC Markets analyst Michael Hewson. Click to continue »

Posted in Scenario and forecasts | No Responses »

U.S.: White House and the “Chinese syndrome” oppress the market …

Wednesday, February 17th, 2010

On Friday, January 22 trades on the American stock exchanges were even in the complete absence of any significant macroeconomic data from the U.S. and globally.

however, has reached a critical mass of information content of the previous days, and generally better than analysts" forecasts, but not with my legs investors surpassed the bar of expectations, corporate accountability have led to rather disappointing results on the U.S. stock exchange platforms.

to the test community to market worries about slowing global economic recovery sparked by a number of decisions in China on the compression of monetary amounts in order to curb the local "economic miracle", on Thursday added to the experience in connection with the proposed Obama plan is very strict regulation of financial institutions, which should help to avoid future crisis shocks, but will inevitably undermine the power and revenue of bank structures. Another novelty, largely due to negative reaction, was the attitude of some members of the Senate, are going to vote against the re-election "unshakable" The Fed head Ben Bernanke for another term.

consequence of the negative perception of all these factors was continued from Wednesday began a sharp decline of all major stock indexes, as well as the prices of commodity raw materials. At the same time as the results of the last day and week the results were worse for a sufficiently long period of time. In particular, the Dow Jones index on Friday fell to a maximum of 30 October magnitude of his loss in the 3-day interval, were greatest in percentage terms since March 2009, and the number of items - from November 2008 defeat in the same week in percentage terms was the largest with March 2009 Statistics for the SP 500 index almost coincided with the previous with a high degree of correlation of dates.

Index Dow Jones industrial average fell 216.90 points or 2.09% to 10172.98 points, loss per week amounted to 4.1%. Index of Standard Poor "s 500 fell 24.72 points, or 2.21%, to close at 1091.76 points, a loss for the week amounted to 3.9%. The Nasdaq Composite Index fell 60.41 points, or 2.67% to a value of 2205.29 points, lowered during the week 3.6%.

Almost all blue chips in the Top-30 suffered losses and finished in the red zone, "the most to the failed result was noted by a leading U.S. company servicing credit card American Express (-8.5%), despite the fairly successful quarterly reporting. Unfavorable assessment of its prospects for the future was made by experts FBR Capital Markets on the basis introduced in the rules governing the credit card changes. Click to continue »

Posted in Reviews and ideas | No Responses »

Committee on the restructuring of “AvtoVAZ” at the first meeting, approved the work program of the plant on 1 half of 2010

Wednesday, February 17th, 2010

January 19 in Moscow the first meeting of the Committee on the restructuring of "AvtoVAZ", which was attended by Deputy Director General of Rostekhnologii Igor Zavialov, general director of "KAMAZ" Sergey Kogogin, managing director of Troika Dialog, Sergey Skvortsov, senior vice president of Renault, Christian Esteve , president of AvtoVAZ, Igor Komarov, Director of Strategy and Planning Group Renault Jean Verdonk.

The main objectives of the Committee include monitoring of anti-crisis program, review plans and activities, restructuring and modernization of the company, as well as the harmonization of the essential conditions of transactions involving assets, which is submitted for approval by the Board of Directors of AvtoVAZ.

Christian Esteve highlighted the sale of noncore assets AvtoVAZ and recommended management of the company regularly inform the members about the way, cost and results of their implementation. Click to continue »

Posted in Company News | No Responses »

As of 18:00 Moscow time the volume of trading on the MICEX Stock Exchange amounted to 147.97 billion rubles

Wednesday, February 17th, 2010

As of 18:00 Moscow time the volume of trading on the MICEX Stock Exchange amounted to 147.97 billion rubles. or 4.97 billion dollars, the MICEX Index, compared with the value at closing of the previous trading day down by 32.54 subsection (2.266%) to 1403.36 p.

MICEX Oil Gas Index - fell by 38.5 n. (1.702%) to Section 2224.1, MICEX Power Index - fell to 65.13 paragraph (2.538%) to Section 2500.78, MICEX Telecommunication Index - fell 157.07 n. (2.825%) to Section 5402.33, MICEX Metals and Mining Index - fell to 53.77 paragraph (2.054%) to Section 2563.67, MICEX Manufacturing Index - fell to 0.11 part (0.114%) to § 96.18, MICEX Financials Index - decreased by subsection 179.96 (3.78%) to Section 4580.82, MICEX Consumer Goods and Services Index - fell to 65.27 paragraph (1.805%) to Section 3551.74, MICEX Chemicals Index - fell by subsection 179.96 (3.78%) to § 4580.82

MICEX Large Cap Index - fell to 56.83 paragraph (2.425%) to Section 2286.89, MICEX Mid Cap Index - fell to 2.35 part (0.125%) to Section 1879.69, MICEX Start Cap Index - fell by 91.4 n. (2.374%) to 3758.68 p.

top gainers were:
Slavna-YANOS (41.66%)
ZMZ-up (12.77%)
ROSINTERao (11.01%)
OMZ-up (10.75%)
UdmurtES-p (9.20%).

Losers were:
StavrEnSb (-18.57%)
Selestra (-14.92%)
KamchatE cs (-10.58%)
StavrEnSbp (-9.77%)
YuzhKuzb. cs (-8.75%).

index of corporate bonds MICEX CBI CP compared with the value at closing of the previous trading day down by 75.65 § (1.81%) to Section 4103.73 As of 18:00 Moscow time, with corporate bonds in 1188 concluded deals worth 14.65 billion USD . The yield on the bonds of TGK-1 02 with maturity in July 2014 was 9.73% (-0.1 percentage points), according to RZD-10obl bonds with maturity in March 2014 - 9.07% (0.18 percentage points) , 01 LenSSMU on bonds with maturity in December 2012 - 16.63% (-0.34 percentage points),1000Sibmetin01 on bonds with maturity in October 2019 - 12.46% (0.02 percentage points) on the bonds Mechel 5ob with maturity in October 2018 - 13.12% (0.02 percentage points).

index of municipal bonds MICEX MBI CP compared with the value at closing of the previous trading day down by 65.27 subsection (1.805%) to 3551.74 p. At 18:00 Moscow time with the regional bond signed 247 deals amounting to 3417.74 million rubles . Yield on bonds MGor56-on with maturity in September 2016 was 8.7% (0.11 percentage points) on the bonds MGor63-on with maturity in December 2013 - 8.25% (0.07 percentage points) on bonds MGor61-on with maturity in June 2013 - 8.22% (0.08 percentage points) on the bonds MGor62-on with maturity in June 2014 - 8.42% (0.26 percentage points) on the bonds Kazan06 with maturity in December 2011 - 10.76% (0.88 percentage points).

value RGBI price index was 131.03. Compared with the previous day"s close it had fallen to 0.14 part (0.107%). Trading volume on the market of government securities amounted to 56.55 billion rubles. RU000A0JQMK5 Yield on bonds with maturity in June 2010 was 5.46% (0.03 percentage points), SU25068RMFS6 on bonds with maturity in August 2014 - 7.77% (0.09 percentage points) on the bonds SU26202RMFS0 with date maturity in December 2014 - 7.79% (0.07 percentage points), SU46002RMFS0 on bonds with maturity in August 2012 - 6.82% (-0.21 percentage points), SU46017RMFS8 on bonds with maturity in August 2016 . - 7.89% (0.04 percentage points).

Following the auction MICEX currency market the U.S. dollar in the UTS with the calculations of "tomorrow" was 29.7946 rubles. the dollar, which is 1.51 kopecks. (0.0507%) over the course of the previous trading day. The euro at the UTS with the calculations of "tomorrow" has increased by 23.95 kopecks. to 42.1399 rubles. Total foreign exchange market concluded deals worth 12.31 billion dollars, which is 7.5% more than the previous trading day.

Trading volume on the MICEX derivatives market amounted to 5.02758 billion rubles. Futures on USD: trading volume - 3.45619 billion rubles., Quotation of the nearest futures - 30,18 rub. (0,371 rubles.), The volume of open positions - 1.51 million counter. Futures EURO: the volume of open positions - 14,5 thousand counter. MICEX Index futures: trading volume - 1.27791 billion rubles., Quotation of the nearest futures - 142,410 rubles. (-3080 Rub.), The volume of open positions - 3420 counter. Futures on Gazprom: the volume of trades - 82.57 million rubles., Quotation of the nearest futures - 18113 rub. (-333 Rub.), The volume of open positions - 1337 counter. Futures on Savings: trading volume - 104.78 million rubles., Quotation of the nearest futures - 8687 rubles. (-270 Rub.), The volume of open positions - 3623 counter. Futures Nornikel: trading volume - 94.74 million rubles., Quotation of the nearest futures - 48366 rub. (-886 Rub.), The volume of open positions - 621 contr. Lukoil futures: trading volume - 11.39 million rubles., Quotation of the nearest futures - 16760 rub. (-349 Rub.), The volume of open positions - 1082 counter. Futures on MosPrime 3M: the volume of open positions - 20 counter.

Your score will be the first!

Analyst Ratings

Click to continue »

Posted in News and Comments | No Responses »

Review of the precious metals market for 21.01.10

Wednesday, February 17th, 2010

Dynamics
On Thursday, Jan. 21 quotes for gold and silver have completed trades with a decrease in value against the background of strengthening U.S. dollar on the foreign exchange market, FOREX, and also because of the negative dynamics of equity markets and adjacent areas.

As a result of trading on the COMEX, division of the New York Mercantile Exchange (NYMEX), quotes gold futures dropped to 9.40 to U.S. $ 1103.20 per troy ounce, quotes, silver futures f1000ell 37 cents to 17.51 dollars per ounce.

Causes
On Thursday 21 January futures on precious metals have completed trades with a decrease in price under the following factors: 1 - strengthening of the dollar in the FOREX market to the weakening of the tendency of investors to take risks after makrostatistiki and economic news (concerns about the financial situation in the euro area and the tightening of monetary policy in China), 2 - the fall of the stock sites, where the major U.S. stock indices closed in the red zone after disappointing quarterly results and economic news (Dow Jones industrial average - 10389.88 (-213.27, or -2.01%), Nasdaq Composite - 2265.70 (-25.55, or -1.12%), SP 500 - 1116.48 (-21.56, or -1.89%)), 3 - negative dynamics of the neighboring markets, namely the drop in oil prices, 4 -- technical reasons, namely, that there were holes in the strong resistance levels (U.S. $ 1110.00 per troy ounce), resulting in protective orders have worked, 5 - economic news - a proposal the administration of U.S. President Barack Abamy limit the size of banks, many of which are trade commodities contributed to the decline in prices for precious metals. Obama made a proposal to limit the size of financial institutions and prohibit commercial banks from engaging in certain types of investment activities, including the acquisition of hedge funds and trade securities for its own account. Click to continue »

Posted in News International Markets | No Responses »

Russo-British TNK-BP agreed to buy 118 petrol stations in Ukraine

Wednesday, February 17th, 2010

Russo-British TNK-BP in December 2009 signed an agreement to acquire a limited liability company "VikOyl" (Kiev), which owns the Ukrainian network of 118 stations (the network operator - the company "UTN-East) in 13 regions of Ukraine.

This is stated in the prospectus of the company TNK-BP International limited to the issuance of Eurobonds in the $ 8 billion, of which have the Ukrainian News.

"In December 2009, TNK-BP signed an agreement to acquire 100% stake in VikOyl, a company engaged in retail and wholesale of petroleum products in Ukraine", - said the report.

expected that the transaction will close during the first quarter of 2010 (January-March), after the completion of certain procedures, including obtaining permission from the Antimonopoly Committee of Ukraine and a number of operations in the restructuring "VikOyla.

118 stations, "VikOylu" owns 8 tank farms and 122 plots of land (for construction of gas stations) in various stages of development. Click to continue »

Posted in Main News | No Responses »

Stronger than all of yesterday”s leaders are falling - shares of PIK and RTM, losing more than 7%

Wednesday, February 17th, 2010

At the opening of Russia"s trading stock indexes fell at extremely negative external background. In America before the auction ended in the red zone against the background of negative macroeconomic statistics, the price of oil fell to 74-76 dollars per barrel, Asian markets declined in the morning.

corrective wave passes across all sectors. Significant pressure on the market provides macroeconomic statistics from the U.S., China Folding incentive measures to support the economy because of fears of higher inflation, and low oil prices.

Stronger than all of yesterday"s leaders are falling - shares of PIK and RTM - more than 7%.

At the level of the market decline of the company"s oil and gas sector. Paper Lukoil reduced by 3%, Gazprom - by 1,9%, Rosneft - on 3,42%, Surgutneftegaz - on 2,37%.

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%).

Today in America, statistics will not be published, but is expected reporting GE and McDonald"s. In general the market today have considerably subsided, so perhaps we will see some bounces up, due to the desire of investors purchase shares cheapened. And so, most likely close in the red for about 2%.

3; user rated material at 3.c05

Analyst Ratings

Click to continue »

Posted in News and Comments | No Responses »