Newweek, Russia's stock market started in high spirits. Major indexes in the very beginning of trading rushed up on a background of speculative expectations that rise last week, caused a good corporate reporting by Western companies, was only the beginning of the next movement of world markets to new highs. MICEX Index today rose to a mark of 1355 points. Returning to the investors appetite for risk overcomes caution, as the stock prices of a number of companies are approaching historic highs. Support of the world rykam provided cheapening the dollar and a weak rise in the price of raw materials. In addition, recovery after a growth of 15% with a minimum of 2 October, when we reached the negative data on U.S. unemployment can be attributed to the closing of short positions.
However, at 13:00 ascent, which lasted from the opening, he stopped, confidence bulls has undermined the dollar, which began to win back losses in relation to global currencies. However, the mood in Russia market still remain optimistic. Buyers still prevail over the sellers. The mood of optimism supported by news from abroad, in particular, reported an unexpected rise in quarterly earnings Philips, as well as a series of positive rating movements on a number of major companies, among which was Russia's RusHydro. The current situation is very dangerous, as Russia's market is growing strongly, not having a solid fundamental support, current levels the stock market do not match any prices for basic raw materials, nor macroeconomic indicators. Such a speculative growth should culminate in dramatic collapse.
| log in and see the material;;
1; user rated material 5. |
|
Less politics - more the economy ...
Activity of investors throughout the day, given the lack of important data makrostatistiki, promises to be low
Finam will increase financial literacy in Krasnodar
Today analysts' forecasts for the pair EUR /USD - up for auction in Rendžov: 1.4675-1.4840
Review of the FOREX market for 09.10.09
FGI State Treasury has sent the necessary documentation to return the collateral to participants of competition on sale of IPF
The next CIS summit will not bring any interesting ideas
The stock price of Gazprom may overtake the MICEX index, as it was in 2007
ODTS Ohta: Ministry of Culture can not correctly evaluate the project Ohta Center
Volume decreased income IDC Center in 2009-2010, from the activities tehprisoedineniyu be more than 1.7 billion rubles