In the future dynamics of Russia's stock market will be determined external information background

Written by admin on August 25th, 2009

Russia's stock markets rose yesterday, in terms of volatility. The growth of stock indexes in Europe and U.S. index futures, commodity prices and the strengthening of the ruble led to an increase in the dollar index on 4,15% RTS, MICEX - by 1,3%. Shares of oil and gas sector, experiencing support from Western foundations, have risen in dollar terms by an average of 5,5%. On the MICEX, the increase was from 1.2% in Gazprom to 6% in Tatneft. Shares of metallurgical sector have risen in price by 1,9%.

favorably allocated Evraz with the result of 7,2%. On Monday, Sept. 1 is expected publication of the consolidated financial statements for Evraz 1P09. Shares of banks have risen in RTAs on average by 2%, shares of Sberbank, the MICEX grew by 1%, preferred - on 5,9%. Investors responded positively to the financial statements of the company up to 7 months, however, the pressure on the price dynamics have sales package GDR Sberbank.

European markets finished Monday growth of 1-2%, the U.S. - have completed the session with minimal changes, different direction. Asian stock exchanges today, showing a decrease in the indices on Tuesday against the backdrop of controversial results of the auctions in the U.S., strengthening the yen against the U.S. dollar and the publication of negative reporting of the Australian Suncorp-Metway Ltd. Also affects the technical correction after yesterday's rally, when the index Nikkei, for example, rose by 3,5%. Japanese index to 9:30 Moscow time adjusted down to 0.5%, while China Shanghai Comp - by 4,5%, against a background of negative reporting Jiangxi Copper Co and correction in metals prices. Oil prices are now falling - by an average of 0,5%, to $ 73.96 per barrel WTI and $ 73.84 per barrel Brent.

We expect the market to open in the red zone. Falling prices in the first hour of trading will be about 1%. In the future, be determined by the dynamics of external information background. From interesting makronovostey U.S. - Consumer Confidence Index and the index of industrial activity FRB Richmond.

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Loans to individuals - Market Overview
SP, Nasdaq fell on Monday on forecasts of growth of losses of banks, futures cheaper
Bidding for the Asian markets on Tuesday opened the fall because of declining risk appetite
European indexes rose on Monday on 0,9-1,2%, Stoxx 600 has updated a maximum of 10 months
After opening «gepom» Russia's indices went down in the Comma delimited, waiting for the statistics from the U.S.
Recommendations on RTS Index futures
Lower oil prices of more than 1% of the oil sector output in the negative zone: LUKOIL falls to 1.9%, Rosneft - on 1,25%, Surgutneftegaz - by 0,9%
Falling appetite for risky assets supplying fuel rising U.S. dollar and Japanese yen
By the end of the week the stock market could start to recover

 

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