market continues to look down

In Thursday trading on the Russian site quotes opened the increase in the first few minutes of trades MICEX index added around 1.5%. However, bears have the half that would lead the market lower than the previous day's closing, after which the decline continued. Despite a moderately negative external background to the middle of the day the market experienced a strong decline in most securities. The situation was corrected statistics. In the middle of the day in the market, the first shoots of correction, which was supported by statdannye of the United States. First, data on the number of people continuing to receive unemployment benefits added optimism to the market, and then the data for the index of leading indicators and the Philadelphia region's business, which suddenly rose to -2.2 points. As a result, the majority of the securities on our market finished the day decline. The leaders began to drop the paper and Tatneft Mosenergo, lost 6% and 6.75% respectively. On the positive territory were able to finish the day, Gazprom Neft (2%) and preferred shares of Sberbank (1.5%). At the end of the trading the MICEX index lost 1.78%, ending the day at 1020.95.

Opening overseas sites took place against a background of good macro-economic data that caused the positive momentum in the early trading session. In the future, the major U.S. markets have moved in the lateral motion. Dow Jones Indexes on the closure of added 0,68%, S P500 rose 0.84%. NASDAQ Index finished the day at the previous closing level. Quotations of futures on oil brand Brent spent the day under the level of 71.5 $ /barrel. Attempts to bear market lead from this level down to anything have not resulted, and after testing the level of 70 $ /barrel, the decline was to play. To our opening at the Brent futures traded at the level of 71.2.

Today, we expect a positive opening for our market. In the early hours of the trading dynamics of yesterday seems to persist. However, we do not recommend that players buy. Most likely, that the market will continue its downward movement and the spread may happen at any time. As we noted yesterday, the strong decline in our market place at a moderately negative background that can speak about the major players of the securities that are perceived breakdown of 1090 and a rising trend as a signal for a fixed profit.

A little better today, the market will look like the paper oil and gas sector
At the beginning of next week, sales on the Russian stock market resumed
Volatility in the urgent market of Russia demonstrates a tendency to rise a third consecutive trading session
Today could rebound to the level of 1050 points on the MICEX index
The Russian stock market is expected decline in trading volume and decrease volatility
In the afternoon, you can wait for lulls in the Russian market, and small indices Drawdown
The downward correction in the Russian equity market will continue
At this point in the segment of blue chips broken all the short-term rising trends
Local perekuplennost Russian market, compared with global platforms are still having a negative impact