Most of «blue chips» fallen in «red» zone, but the weak buying not give rise to speak on the descending trend

Written by admin on July 3rd, 2009

03.07.09 13:04 ;
  Against a backdrop of continued decline in oil prices and the overall negative mood of investors trading on the Russian stock market began today with the reduction of most liquid shares. By 12.50 Moscow time the MICEX index lost 1.6% at 962.23 points. RTS Index fell by 1.37% to 947.34 points. Trading volume on the MICEX SE is $ 1 526.14 million

«As the economic situation in Russia still continues to deteriorate, many questions remain about the sustainability of the Russian index levels. RTS, outlining recent least 900 points, cannon up to 987. Now, however, he again continued to fall in price, and it is possible that there will be a new wave of reduction in the level of 830. Such a scenario is possible, of course, only after a puncture of the previous minimum of 900 points », - Alexander predicts Dorofeyev, portfolio manager JSC« FINAM ».

now in the Russian market of the main selling seen in the electricity sector: shares of OGK-3, OGK-2 are reduced by 4.3% and 4% respectively. Papers banking sector lost more than 2%. Shares of oil and gas sectors are responding to the decline in oil quotes, and demonstrates the fall to 1,5%. Promotions «Tatneft» lose more than others in the sector decreased by 3.6%.

leading growth stocks «Fortum», added more than 4%. Also seen shopping in the papers «Dalsvyaz» (2,3).

European sites are no different today with optimism. FTSE index lost 0.24% at 4224.08 item DAX index lost 0.34% at 4,702.41 point, CAC 40 index fell by 0.61% to 3097.3 points. By 12.50 Moscow time ADRs in the Russian equities in London (in dollars per share) as follows: Company - 43.65, NorNikel - 90, Rosneft -5.33, Rostelecom - 5.05, Gazprom - 4.98.

SP futures rose by 0.15% and is at the level of 894.66 points.

Today, the MICEX to the U.S. offer - 31.24 rubles for one euro -43.78 ruble. Thus, the value bivalyutnoy basket now 36.91 (yesterday at this time it was 36.88 rubles). By 12:50 Moscow time the euro /dollar is at a level of 1.39. According to analysts, the couple during the day does not go beyond the mark 1,38-1,42.

Oil prices continue to decline. By 12.40 Moscow time August futures for oil brand Brent traded at around $ 66.38 a barrel, Light - 66,44 per barrel.

Today is not expected to exit the global statistics. It should be noted, only the publication of data on retail sales in the euro zone.

Exchange will be closed today in observance of Independence Day. Analysts note that in the absence of U.S.investors, Russian markets are unlikely to make any significant movement upwards. In all likelihood, the Russian stock market will continue to decline.
  

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The technical analysis of currency pairs
Oil continues to fall: to mark Brent futures traded slightly above $ 66.5
Yesterday, a pair of Euro /Dollar down on U.S. session to 1.3986
Problem banks: How to exchange a security deposit on the property
Britain took over the head
U УкрГаз-Energo ended gas reserves
Changing anchors
The threat of continuing correction in the Russian stock market becomes a reality
September futures on the RTS index has managed to reach the resistance in the region of 94 000 items

 

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