Today's opening of tenders in the Russian stock market will be seen from 2-3% gepom downstream liquid securities

Written by admin on August 17th, 2009

On Monday bear would be preferable to

On Friday, U.S. stock indexes finished trading decline following the publication of reports on consumer inflation and industrial production. Belief in the fast emerging from a recession were to confirm the good data on consumer confidence in the United States. However, in August of this important indicator showed an unexpected decline (from 63.2 after 66.0 in July and 70.8 in June). On Friday investors also do not like weak reports retailers. As a result, we got not only the reduction of stock indexes, but also a fall in prices on commodity markets, and strengthening the defense of such rate of exchange as the dollar and the yen.

Today's trading on Asian markets are in strong reduction of stock indexes. They lost an average of more than 2%. Do not comforted investors weaker than expected GDP data for Japan for 2 square. (0.9% k /k, the forecast 1.0%). The biggest loss today again have stock indices of China (Shanghai Comp -3,8%). Investors withdraw funds from the stock market against the backdrop of the continuing decline in foreign direct investment in the Chinese economy. On Monday, the cost of the October oil contracts fell to the minimum marks for the last 2 weeks: Brent $ 70,9 /bbl, more than $ 1/deshevle levels on Friday evening. Quotes of gold ($ 943/unts) this morning also traded for almost $ 15 cheaper than Friday values.

Today's opening of tenders in the Russian stock market will be seen from 2-3% gepom downstream liquid securities. You may expect a short upward motion, as a consequence of the closure of the players of their short positions open day. In general, bear in early trading this week would be preferable. This contributed to a number of strong factors such as falling on the U.S. futures indices (SP -0,92%), declining oil prices (Brent -0,63%), as well as the weakening of the ruble to the dollar. Worse than the market will be traded shares of the oil, banking and steel sectors.

Given that this afternoon did not go any major macroeconomic data day wait lateral trend of lower levels Friday at 2-4% on the MICEX index and 3-5% for the RTS index. In the forward to the June 13-00 on the trade balance of the euro, and in studying the August 16-30 on the index of business activity in the area FRB of New York (for the prev. Period: -0,55).

Authorize and appreciate the story;;

2 users rated material at 4,5.


Analyst Ratings


Level of support for the September futures on the RTS index today will be 98 700 items
Relatively stable market shares of the steel industry today, worse than the market - shares of oil and gas companies
The Russian stock market to an external negative will react with renewed strength through the massive fall in oil prices
The decline in oil prices hit the Russian ruble, which is bad for the shares of banks, but positive for the securities Surgut
Today is the opening of the Russian market is expected to break down within 1% due to the deterioration of the external background
Course dollar settlement Today declined by 42.55 kopecks. (1.3273%) to 31.6313 rubles to the dollar
Against the emerging growth in the paper RusGidro can play the news about the accident at the company's largest station - Sayano-Shushenskaya power plant
Asian markets today are under pressure the U.S. negative
Course dollar saved without changes - the morning review of cash markets

 

Leave a Comment