Continues to rally in the stock markets of all countries, caused primarily by the weakening dollar, which leads to an increase in oil prices. On Russia's market correction has not happened since the beginning of the week. If Monday was marked by only a slight advantage, perhaps even standing on the spot, then on Tuesday the RTS index would add to 2%, renewing year highs, and yesterday as much 3.7%. MICEX ruble flew even higher - at 4.3%.
oil yesterday rose by 1,5%, after 16:00 Moscow time went down, but a closing auction in Russia futures soared more than 4%, Breaks $ 72 per barrel. Today, this market correction is a small, futures are traded on the level of 0,7% below the previous close, but still above $ 71 a barrel - levels, half-forgotten in September. As a consequence, the leaders of growth in Russia, oil companies: Lukoil 5,3%, Rosneft 5% - and also benefit from the strengthening of the ruble banks: Sberbank of 6,3%, VTB 6,7%. Gazprom has risen in price by 2,6%, Nornickel on 4,4%.
In the RTS was also markedly Mosenergo, whose quotes have increased by 7,8%. This company has published on the eve of good reporting under IFRS for the I half of 2009, and yesterday gave a forecast of financial results for the remainder of the year, a record for her. Citibank, as a consequence, increased the estimate Mosenergo shares by 49%. The same with FGC, whose shares yesterday resumed growth after a few days of correction, when the interest has shifted to other network companies - IDC. In RTS Company added 7%, which may also be associated with the release of the recommendations of the global bank - Deutsche Bank, - which awarded her rating to buy. On the MICEX, both companies grew with the market.
At the western markets also continued the rally. The pan-European Dow rose 1.2%, added all sectors, except for consumer services. The American Dow Jones in the red, only the financial sector by JP Morgan and telecommunications, the leaders of growth Caterpillar, American Express and Chevron, the result - an increase of 0,6%. SP in plus on 0,75%, the exception was the health sector and telecommunications. Nasdaq rose 0.6% in the growth leaders Microsoft, Oracle, Dell, the lowest growth showed the same Apple and Google.
in states came out yesterday, the positive statistics on unemployment, fixing a greater than expected decrease in applications for benefits, as well as reporting Alcoa, which ended last quarter with profits, not losses, as analysts expected. Also, Fed chief Ben Bernanke yesterday signaled that the central bank will raise interest rates while maintaining a policy to stimulate significant improvements in the economy.
Today in the United States will be published data on the trade balance, it will happen at 16:30 Moscow time.
Quotes depositary receipts for shares of Russian companies show continued growth at the opening of trading in Russia, but the bidding for premarkete do not give unambiguous signals. The fact is that in America on Monday a holiday, during which they will shut down some segments of financial markets. Today's trading in the United States can show how Americans themselves believe in the continued growth and economic recovery. But Russia's market of today will not see, so its investors will be in limbo. Many market participants may prefer to close positions before the weekend. They help to convince the strengthening of the dollar on Friday morning, head of the Fed statement was provoked by B. Bernanke.
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History Ukrprombank finally draws to a close ...
Ukrprombank: The End of History
Alcoa was not enough
The level of support for fixed-term contract on RTS index performance in December for today - 134 000 points
Toward the end of the session on Russia's market is possible profit-taking before the weekend
List of papers that came up from the side views, which had previously been shares VTB and Rosneft, yesterday marked increase
The fundamental situation in the world market now does not seem much better than the situation two months ago
More vulnerable position today may be in shares of banks, may look better than the market shares of oil and gas segment
Since last week, Russia's market has grown by 130 points on the MICEX index, which will lead to sales of securities, purchased before
The main fundamental factors of the October rally in general played, remain only speculative reasons