Attempts to adjust after rising last week again yesterday were unsuccessful. Although most of the day in the domestic stock quotes prevailed downtrend due to falling oil prices, after opening the U.S. market prices jerked upward. Better than the other looked Novatek shares, rising by 4,2% in connection with the published production figures for 2009, according to which natural gas production rose by 6,2%. Against the backdrop of recent agreements with Inter RAO on gas supplies for its power and reduce gas production by Gazprom (the preliminary data at 16%) Novatek shares continue to look quite attractive, although they have almost reached pre-crisis levels.
As the U.S. market, which grew at 1.1% yesterday, mostly positive"d play Monday, is unlikely to greatly affect the dynamics of today on Russia"s market, which is likely to open on yesterday"s closing levels. At the same time during the day, investors will again attempt to play a fall on the background correction of the Chinese market by 3%, due to attempts by the authorities to limit the investment boom in the country.
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