26.01.10 13:11 ;
 

Gap down at the opening of trading Tuesday on Russia"s market was more than 1% on the MICEX index. In a further drop in the indices increased. By 13.00 Moscow time MICEX index falls to 2.36% and amounts to 1382.44 points. The RTS index lost 2.62% and amounts to 1446.99 points.

"Bear" Dynamics of Russian index was caused by reduction by global and raw material market, and later earned traded in the "red zone" European exchanges. The FTSE in the red at 0.59%, DAX index fell 0.65%, CAC 40 index - on 0,47%.

After a minor correction of the March futures overnight Brent crude fell more than 1%, which brought the leaders in reducing the oil and gas sector. "From a technical standpoint, the futures on Brent entrenched at the level of $ 75. In this immediate level, able to provide contract support level is $ 71. In the current situation, in case of overcoming of this level, we can expect continued downward momentum and achieve the level of $ 65 per barrel , - the analyst believes the company NETTRADER Bogdan Zvarich. In this regard, to the present moment, Rosneft is reduced by 4,2%, Gazprom - at 2%, Lukoil lost 2,6%, Surgutneftegaz - 1,95%. An additional negative factor affecting the quotes Rosneft and Surgutneftegaz is the refusal of zeroing of export duties from oilfields in Eastern Siberia.

reduction affected all "blue chips". In the banking sector, VTB losing 2,49%, Sberbank "- 2,74%.

against negative dynamics of metals prices MMC Norilsk Nickel is reduced by 2,73%, Severstal - on 1,98%, NLMK - on 2,62%, Polyus Gold - on 1,49% .

The "green zone" while being held shares MRSC of Northern Caucasus (3,98%), and IDC Center (3.58%). The positive dynamics of the company contributes to the approval of plans for the transfer of network companies on tariff setting by the method of RAB. "First and foremost, the decision positively for the shares IDC Center, IDC South and Volga IDC", - considers Denis Spiridonov, portfolio manager IK "Finam".

In the currency market, meanwhile, continued strengthening of the dollar. Quotations EUR /USD to resume in the last hours of the reduction and the opening of trading in Europe, tested the support 1,4070-80. According to chief economist UK "Finam Management" Alexander Aspen, medium-term trend and weekly quotations of the currency pair remain "bearish" trend. "This dynamic may also be caused by buying the dollar among commercial banks, and the partial withdrawal of assets from the stock market", - said a portfolio manager IK "Finam" Alexei Smyvin. Dollar exchange rate to the ruble on the Moscow Interbank Stock Exchange now stands at 30.31, and the cost of currency basket - 35,88 rubles (35.74 rubles on Monday morning).

"As long as drivers can not see for at least a local reversal in the markets. may bring a positive portion of the U.S. Federal Reserve meeting tomorrow, but to win back its Russia"s stock exchanges will becfbno earlier than Thursday," - sums up Alexei Pavlov, the deputy chief of analytical department of the IR Arbat Capital.

By 13.00 Moscow time on Russia"s ADR shares in London (in dollars per share) are: "LUKOIL" - 53.6 "Norilsk Nickel" - 151.8, Rosneft - 7.93, "Rostelecom" - 4.922, Gazprom - 5.89 .

  

   Source:
   
    
   
  

 

The mood of the market set the weak futures on the SP and negative dynamics on Asian markets
Forex Market 26/01/2010
The market expects the Fed save it on low rates for long time
The economy is still weak
The number of supporters in the Senate, Bernanke growing
Aviation middlebrow

In 2009, the quality of service of Ukrainian companies record znizilos ...

Forex - Asia
At 13.00 Moscow time trade on the MICEX Stock Exchange amounted to 76155.9 million rubles
The main event of today"s trading session is out of data on stocks of petroleum and petroleum products from the U.S. Institute of Petroleum