29.09.09 13:02 ;
  Russia's stock market opened today's session of the growth of the major indexes. Favorable early trading contributed to the positive dynamics of world share platforms and adjusting upward the price of black gold. The first minutes of the auctions RTS index rose 0.08% to 1249.73 points, MICEX added 0,545% to 1214.77 points. However, negative opening of European stock exchanges MICEX afield in the negative zone. By 12.40 Moscow time the MICEX index fell by 0.156% and amounts to 1206.3 points, the RTS index rose 1.01% to 1261.4 points. Trading volume on the MICEX exchange is $ 1 808.49 million

At today's meeting of the Federation Finance Minister Alexei Kudrin said that Russia's economy emerged from recession and the country starts the growth of investment activity. According to him, in the changes that affect the federal budget for 2009, sent enough money in the economy, so they began to work in the next two weeks. Analysts believe that such a statement by the Minister of Finance should support Russia's indexes.

OJSC Novorossiysk sea trading port published today, reporting under IFRS for the first half of 2009. Net profit for the period totaled $ 128.9 million, which is 52,5% more than during the same period last year. NCSP Revenues grew by 6,2% - to $ 334 million listed companies demonstrate good plus, adding 1.27%.

Oil prices behave uncertainly. By 12.40 Moscow time, the November futures for Brent crude traded at $ 65.56 a barrel, Light - $ 66.88 per barrel. Against this background, the paper oil companies gradually unfolding down. Shares of Rosneft sank 1.34%, Gazprom Neft - on 1,11%, Gazprom - on 1,05%, Surgutneftegaz - on 0,65%.

To date, the FTSE fell by 0,345% to 5,147.89 points, DAX index fell 0.33% to 5,717.37 points, the CAC 40 index was 3810.4 points (-0.382%). Futures on the SP has increased 0,194% and is at the level of 1056.95 points. ADRs of Russia's actions in London (in dollars per share) are: LUKOIL - 54,3, Norilsk Nickel - 12,67, Rosneft - 7,58, Rostelecom - 29,78, Gazprom - 23.76.

On the MICEX, the dollar yield 30.0929 rubles, for one euro - 43.9479 rubles. Thus, the value of currency basket has declined and now stands at 36.3164 rubles. By 12:40 Moscow time the euro /dollar is at the level of 1,459. In the short run may further strengthening of the relative value of Russia's currency against the world's leading currencies. Given the continued high rates of price growth of financial markets of Russia, and against the background of continuing low inflation rates RF implementation scenario is relatively significant weakening of Russia's currency on the international FX, might be postponed. At the same time, the medium-term dynamics of the course RUB respect, above all - to the USD, is still represented as bearish in character - Paula Alexander Osin, chief economist UK Finam Management .

Today it was announced that the Board of Directors of the Bank of Russia decided to reduce from 30 September 2009 the refinancing rate by 0,5 percentage points to 10%, as well as interest rate cuts by the Bank of Russia operations in the 0,25 -- 0.75 percentage points.

At 18:00 Moscow time in the U.S. are data index, U.S. consumer confidence for September. The completion of trades will depend as usual on American statistics. Today at 18.00 Moscow time, will be published index of consumer confidence (Consumer Confidence) in September 2009, expectations - 57.0. Tomorrow the part of international investors is completed fiscal year, and it is probable that the outcome of tomorrow's trades they want to draw on Russia's stock market prices are beautiful, of course it is, above all, respect to securities that are included in the MSCI, especially the shares of Gazprom and LUKoil , - says Alexander Razuvaev, PhD, Head of analytical department of IR Gallio Capital.
  

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Review of the FOREX market for 28.09.09
Forex Market 29/09/2009
STA: reinsurance operations in Ukraine are used as a tool for tax evasion
Guarantees against default
The Bank proposes to increase the bank's capital by 50% to overcome the effects of the crisis
Indices in the U.S. rose on Monday on transactions MA, futures prices move raznonapravlenno
Forex Asia
In the next session should expect high volatility, which increases trade risks
Before tomorrow's publication of Polymetal accounting for I half of 2009 to US GAAP quotes the company reduced by 1,17%