February 26th, 2010

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Despite the rebound, observed in the market a second consecutive session, the MICEX index is trading near the bottom of the channel

Friday, February 26th, 2010

Data GDP remains the main intrigue of the week

rebound, which began yesterday, today, was continued through the "soft" nature of the allegations BS Bernanke. The main orientation of the day inside the dynamics of oil futures, which were restored to the weakening U.S. dollar. Powerful drivers of growth and served as a statement by the President of America Barack Obama on stimulating the U.S. economy, as well as positive statements of Western companies.

important event of the day was the announcement of the statistic data on the U.S. economy. Number of applications for unemployment benefits and orders for durable goods fell short of expectations, and the number of beneficiaries fell to an annual minimum and neutralized by the negative effect of weak data.

The main growth in the U.S. market fell on the eve of the end of the trading session. USA markets closed near the maximum values of the day. The closest resistance level for the Dow Jones index is a mark of 10290 items, where the lower boundary of the uptrend in which the index was trading in late July last year. In my opinion, medium mood may decide tomorrow, as will be announced preliminary data on U.S. GDP for the IV quarter of this year. Expectations are optimistic, and if they justify the Dow Jones could return to the uptrend and a foothold in it, that will form a significant growth potential.

At Russia"s definition of medium market sentiment could also be linked to GDP data - Key statistics of the week. Despite the rebound, observed in the domestic market, the second consecutive session, the MICEX index is trading near the lower boundary of the channel. Weak GDP data may lead to penetration of the border down, which may give rise to serious correctional movement. If the GDP data will be stronger than forecast, it is not possible to establish in the near future a new annual peak on ruble indicator.

Many Russian marketable securities of issuers in the basket went up to the levels of resistance. I recommend to take profits in the first place on the shares of the banking sector, because, from a technical point of view, they have the potential to change the dynamics. At the start of the session papers banks formed gepy up, which have not been closed. Growth in shares of Sberbank suspended the lower boundary of the rising channel, in which the securities were traded before, but for Vneshtorgbank has become an insurmountable obstacle mark 7,5 cop. In my opinion, for the formation of medium-term position is to wait for data on U.S. gross domestic product, which can significantly alter the course of bidding. In the case of penetration of Sberbank of resistance in the form of bottom of the channel (88.75 - 89.10 rub.) You can open a position for the future in order to reach the upper boundary of the channel, which will lead to renewal of the annual maximum.

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The tariff for pumping oil through the territory of Belarus from February 1 will increase by 11%

Friday, February 26th, 2010

tariff for pumping oil through the territory of Belarus from February 1 will grow by 11%, according to an agreed between Russia and Belarus technique tariff for pumping oil through pipelines located in Belarus.

According to the document, a copy of which is available to the Interfax news agency, the Ministry of Economy of Belarus Approves the new value of the tariff with the introduction of their actions on February 1. This tariff must be approved in rubles, and their size is determined by "converting the corresponding values of the rates set by the euro in 2009, the rate on 1 January 2010 to RUR and an increase of 11%.

tariff for pumping oil through the territory of Belarus for 2009 had been approved by resolutions of the Ministry of Economy of the Republic of N20 and N19 (from 29.01.2009).

Thus, taking into account the progress made on Wednesday between Russia and Belarus arrangements targeted tariff for pumping oil for Gomeltransneft Druzhba "on the territory of Belarus on the route toward Nevel-Polotsk can make - 17,84 rubles per ton, Unecha-Polotsk - 68 , 5 rubles per ton, Unecha-Mozyr - 31,35 rubles per ton, Nevel-Polotsk-Unecha - 15,54 rubles, Unecha-203 km - 27,97 rubles. Fees on Admission and tranpsortirovke for further pumping of oil to Germany, Czech Republic, Slovakia, Poland, Hungary and Ukraine (route Nevel-Polotsk-Vysotsky) - 18,33 rubles per ton, Unecha-Brody - 63,19 rubles, Unecha -Adam Zastava - 147.13 rubles. Click to continue »

MinZhKH: The conversion factor for failure to provide services for snow removal will reduce rents by 10-20%

Friday, February 26th, 2010

conversion factor, which should hold capital ZhEKi for failure or provided not in full service to remove snow from the surrounding territory, will reduce rents by 10-20%. This was announced today at a press conference, First Deputy Minister for Housing and Communal Services - Head Goszhilkommuninspektsii Alexander Mazurchak.

According to him, the average tariff for the rent in Kiev is 3,50 UAH /sq. m, the cost of cleaning the adjacent territory in the tariff is 30-40%.

"But given the fact that in Kiev are the 70 percent tariff, the average is 2,40 UAH /sq. m. Accordingly, the amount (the recalculation - Ed.) will be less. The missing 30% ZhEKam had to compensate Kyiv city administration, but no housing office had not received compensation. Therefore, we shall speak only about how much money in the tariff for a particular house are laid in preparation for the winter and clean adjacent territory ... This recalculation may take up to one square meter from 10% to 20% may, where doing nothing - up to 30% of the rent, "- said A. Mazurchak.

He clarified that recalculation needed for 6 days of December (from December 25, 2009 - the period beginning icy conditions) in respect of future payments. "In January, to wait for bills, which must be specifically written that such and such amount is to reduce the rent and maintenance of the adjacent territory" - the first deputy minister added.

In turn, the Minister of Housing Oleksiy Kucherenko, adding that "if you have not cleaned the house and yard and the apartment of 60 sq. km. m, is (the sum of the recalculation - ed.) may reach 20 grn.."
According to the Chief

Goszhilkommuninspektsii if the recalculation of the amount assessed for failure to provide services for snow removal in general, in Kiev, then "it is very heavily. According to his calculations, if the recalculation is done even by 10 UAH. Click to continue »

In the course of the trading session effect on the dynamics of the stock market could have a weekly statistics on the U.S. labor market

Friday, February 26th, 2010

global equity markets
U.S. Federal Reserve meeting and the annual message to Congress, Barack Obama returned to stock market traders optimistic about the restoration of the American economy.

Central Bank of the United States reassured investors by stating that a key interest rate in the country will be maintained in the range of 0-0,25% more for an extended period of time, accented with attention to improving the economic climate in the United States and the absence of significant growth inflation. Thus, Fed officials reaffirmed their intention to keep monetary policy with a soft, atleast until such time as long as they permit low rates of inflation.

Barack Obama, speaking tonight before the Congress, encouraged by the market participants plan to establish the country"s new jobs and support small businesses. They will become a priority for the U.S. economy this year. In the course of Barack Obama"s speech traders on world stock markets started to return to prudent purchases.

Major U.S. stock indices closed yesterday in green with slight modifications. Dow Jones Industrial Average rose to 0,41% - to 10,236.16 points, Standart Poor"s 500 added 0.49% - 1097.5 points, Nasdaq Composite rose by 0,8% - to 2221.41 points.

limiting growth factor was the data from the real estate market: in December, new home sales unexpectedly fell to 342 thousand in comparison with the November 355 thousand - the market participants, in contrast, had hoped to increase to 366 thousand Given the previously seen a sharp decline in sales the secondary market, the news should be perceived as unfavorable.

Metal Market
The main industrial metals seem to have affected substantial corrective mood. Click to continue »

Traders lost main paper

Friday, February 26th, 2010

State Commission on Securities and Stock Market (SCSSM) was first stripped of licenses securities dealers, which in time have not entered into the association "Ukrainian stock traders" (AUFT). In AUFT said that will now work to bring into it all the merchants.

As the Kommersant-Ukraine, SSMSC at a meeting on January 26 deprived licenses seven securities dealers: "FC" Fintrast "", "FC KIT", "IR" Accent-Invest "," FC "rarity", " "Ukrregionbrok", "FC" Kramatorsk "and PAO" Raystorbig. In the State Commission reported that the PAO "Raystorbig" arose after renaming Tekt-Brock, part of the group Tekt "Vadim Grib. "The group of companies Tekt" remained one broker. As part of the restructuring we have abandoned one of the entities. Apparently, the new owner decided not to support this company, "- explained CEO Tekt Capital (managed by CC Tekt) Alex Sukhorukov. Recall that in late December Tekt Brock was excluded from association PFTS - for non-payment for III quarter.

grounds for revocation of licenses of these companies was "the impossibility of implementation of the licensing conditions - lack of membership in a self-regulatory organization (SRO)," said head of the licensing of securities SSMSC Oksana Salchuk. This is the first time that such severe penalties for traffickers from the moment when AUFT, uniting more than 50% of the market, received 22 May 2009 the status of the CPO. At that time, the association has 54% of market participants, or 437 companies. Chapter SSMSC Anatoly Baluk then ordered all traders to join AUFT until July 22. According to Oksana Salchuk, traders have been warned that they have a month to implement the rules on membership in the AMC - until December 31, 2009. Click to continue »

As leaders of growth - “Rosneft” and &qd10uot;prefecture” Sberbank, worse than the market traded “Polyus Gold” and “Rostelecom”

Friday, February 26th, 2010

From the "unknown" leaving only the U.S. GDP

Today, trading on the Russian sites have opened growth of quotations, facilitated by the dynamics of American markets, which showed growth after the announcement of the Fed comments and Obama"s speech. In the first minutes of trading the MICEX index addedabout 1%, after which the positive momentum is preserved and was supported by the opening of European markets. As leaders of growth Rosneft and prefecture Sberbank be added 3,3% and 2,9% respectively. The worst of the market traded Polyus Gold (0.5%) and Rostelecom (0.7%). By midday on the MICEX index added 2,1%, reaching a level of 1420.3 points.

Of the three factors that could support the markets and allow them to turn in "unknown" leaving only the U.S. GDP for the fourth quarter. Statements by the Fed and the speech Obama has already had a positive impact on market sentiment. The Fed left rates at low levels, with appropriate statements on the conservation of loose monetary policy, and Obama in his speech to reduce the pressure on major banks. All this enabled the market to turn around and start the upward momentum. Today, markets will closely monitor the data on unemployment, but the reaction to them may be restrained, due to the expected on Friday on U.S. GDP data, which can give new impetus to the market up.

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In 2009, the Railways have invested 15.1 billion rubles in the construction and reconstruction of bridges and tunnels

Friday, February 26th, 2010

OAO RZD invested 15.1 billion rubles in the construction and reconstruction of artificial structures in 2009, the company says.

In the year in operation were introduced several important infrastructure projects - bridges and tunnels. Thus, the new railroad bridge across the Ob river near the town of Kamen-na-Obi (West-Siberian Railway) will provide the growing freight traffic on the strategic direction of the load of the West-Siberian Railway, especially coal from Kuzbass. The capacity on this route has increased to 100 pairs of trains per day.

launch the second stage of the combined bridge across the Amur River (Far Eastern Railway) eliminated the last single track section of the entire Trans-Siberian Railway, has increased the capacity of the Far Eastern part of the Trans-Siberian 1,6 times, noted in the announcement of the company. Click to continue »