Stocks telecom may be the most interesting idea in September
During today's session of the bidders to monitor closely the price of oil. Futures for crude oil Brent, again unable to resist mark of $ 70 per barrel, have led to fire-sale securities on the equity market, in the beginning of the session to show positive momentum. Volatility in oil futures was linked to the situation on the currency market, where the U.S. dollar regained some lost ground. Pull out negative ruble zone indicator could opening the American market - the positive dynamics of U.S. indices has led to the rebound, including the papers of oil and gas companies.
The main event of the day was the announcement of the data on the U.S. economy, which reinforced the optimism. Index of industrial activity was significantly better than forecast, accounting for 52.9 points against the expected 50.5 points. However, even these positive data ruble indicator failed to return to the maximum of the day, reflecting the relative weakness of the bulls. The rapid growth was maintained in the global stock markets for long - the market participants chose to fix the profits. Following the session, the MICEX index added 1,19%.
positive statistics contributes to purchases in the U.S. market, but the curtain on the sites of the U.S. session likely wave of sales in light of the significance of tomorrow. Before the opening of tenders will be made public a report on the labor market from ADP, which adjust expectations for Friday's report. It should be noted that the SP 500 index today tested the strength of support, dropping to a mark of 1012.5 points. If the index closing below the level of support in Russia market can form a serious wave of sales. It is worth noting that the Chinese market today and could not recover from the collapse of the last day of summer.
Securities oil and gas sector tomorrow will be played at the opening of the data on oil reserves from the American Petroleum Institute. Expected continued growth stocks, so the futures on Brent oil may once again fall below the psychologically important mark of $ 70 per barrel. However, the reduction for the first 5 months of oil production by OPEC in August may have a substantial support to oil quotations. In addition to the cost of black gold, for shares of the sector are also affected by corporate news, while reporting to Rosneft for the first half of US GAAP left without attention of market participants and the dynamics of the company coincided with the dynamics of other securities industry.
better market again traded shares of the telecommunications sector, which are pulled to the papers of other sectors, showed more substantial gains in the July rally. Paper telecom continues to grow on the idea of unification on the basis of Svyazinvest. In the case of the announcement of new details of the action of the telecommunications sector may be the most interesting idea in September.
It is to highlight and shares of Sberbank, which have shown rapid growth in the middle of today's trading day. In my opinion, this growth is due to the actions of a large investor. Equity Bank rushed to the important resistance - a mark of 50 rubles., Which today has not been achieved.
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