negative Morning
Serious minus U.S. and Asian sites and lower oil prices today speak in favor of opening of Russian sites in the red zone.
The worst of the market today will be the financial sector. Then some possible rebound in the closing of short positions. Despite the negative of the current market, we keep a positive outlook on Russia"s stock market, and we expect a significant increase in stock price Russian companies in the current quarter, expecting out into the hallway 1800-2000 points on the RTS index. We believe that the market continues to present all grounds for the realization of the fundamental building which has most of the market, ie removing the delta between the current quotes and estimates by the method of discounted cash flows.
The cost of placement of shares of United Company Rusal on the Hong Kong Stock Exchange was 2.24 billion dollars price of one share amounted to 10.8 Hong Kong dollars at a price range from 10.8 to 12 HK dollars per share.
Railways also in the near future may hold an IPO in Hong Kong, the proceeds are likely to be directed to the investment costs of the company.
UTair Aviation issued a good background in the industry as a whole operating results for 2009., these securities remain one of our key recommendations in the sector second-tier securities.
| log in and see the material;;
10; users rated material on 4,1. |
Analyst Ratings |
BP will not overcome the veto of the President of Proceeds of Crime Act
Forex - results of the day
Forecasts of analysts: Gap down at the opening of Russian sites will be 1% on the MICEX index, during the day possible technical rebound
Today the market of Russia will focus on oil prices, a number of data from Europe and the behavior of American indexes
Today the opening of the market of Russia is expected to decrease against the background of falling oil prices
Russia stock market opening will continue to decline, which may accelerate if oil quotes will support at $ 75
Level of support on MICEX today can make the level of 1400 - 1410 points
Today morning background negative for Russia"s stock market
At the opening of today"s trading is expected to continue the negative dynamic