>

Forecasts of analysts: With the support of the external background at the opening of Russia”s market will regain the positions above 1400 points on the MICEX

Feb 25th, 2010 | By admin | Category: Main News

 
  
 
 
  28.01.10 10:15 ;
 

On Wednesday, Russia"s stock market after several days of falling back into the Green Zone. " The negative dynamics in the first half of trading in the afternoon gave way to growth.

leaders decline in early trading were representatives of the oil and gas sector. At the end of the day in positive territory ottorgovalis Gazprom (0,39%) and Lukoil (0,46%). B minus finished day Rosneft (-1.86%) and Surgutneftegaz (-1.43%), shares of these companies remain under pressure from possible cancellation of privileges for the East Siberian oil fields. Not bad to feel the paper of the banking sector: VTB added 1.4%, Sberbank "- 0,93%.

Better the market looked shares of energy companies. Shares of OGK-1 increased by 9.35% after the increase in recommendations, OGK-4 - on 3,77%, RusHydro - by 5,2%.

Shares of companies

Steel revealed differently directed dynamics: Severstal (-0,75%), NLMK (2,4%), MMK (-0.5%).

negative factor towards the end of trading was the statistics on the U.S. real estate market, where sales of new buildings fell to 7.6% instead of the expected growth of 3%. Positive impact on the indices at the end of the session provided information on stocks of petroleum and petroleum products in warehouses in the United States. According to API, oil reserves have declined significantly. As a result of trading the MICEX index rose 0.46% to 1391.25 points and the RTS index added 0,14%. During the evening session on FORTS the March futures on the RTS index had escalated to 146,065 points, adding 0.5%.

As a result of ADR trading prices for Russia"s actions amounted to (in one receipt): VTB (Eng) - 4,78, Gazprom (Eng) - 23,86, Lukoil (Eng) - 53,7 " Norilsk Nickel (Eng) - 15,15, Rosneft (Eng) - 7,7, Surgutneftegaz (Eng) - 8,36, MTS (USA) - 47,99, Rostelecom (USA) - 27, 35, Vimpelcom (USA) - 18,6, Mechel Steel (USA) - 21.34.

American share platforms were closed on Wednesday in a moderate positive territory: on the basis of trades Dow-Jones index rose by 0,41%, SP - on 0,49%, Nasdaq - on 0,8%. American players supported the Fed"s decision to keep rates at the same level and the assurance that the rate will be kept in these positions for a long time. At the same time the Fed noted the low risk of inflation, slow growth in economic activity and improve the labor market.

Asian markets this morning also demonstrate positive dynamics: the Japanese Nikkei index rose 1.58%, China"s Shanghai Composite index in positive territory at 0.12%. In addition to the outcome of the U.S. Trade purchases in the markets contributes to a weakened yen, deterrent serve commodity prices.

Currency

pair euro /dollar in the morning on the Forex stands at 1.401.

Thu1000s, this morning"s background moderately positive for domestic sites. "Russia"s stock market with the support of external background will regain the positions above 1400 at the opening. While foreign markets are continuing to hold its position above the supports, and some of them are even lucky enough to jump up. If the EUR /USD pair will not go below 1.4, you may we will see a rebound in crude oil, which today remain below trend support. The decline in petroleum quotations can discard them for $ 69. However, markets can now go up to Barack Obama"s new proposals, which will leave the MICEX index to 1420 "-- Paul believes Goals, an analyst at IFC Eurogreen. "

limiting factor today will be the price of oil, which though not falling, but not increase, said Maxim Chernega, an analyst with the department of client operations, the IG "Octane". The March futures for Brent crude stood at $ 72.39 per barrel, Light - $ 73.88 per barrel. "In terms of" technology ", the struggle for the 1400 points mark on the MICEX index will continue throughout the day. There is a feeling that the U.S. indexes today or tomorrow be playing down" - the expert believes.

"We expect that the better the market today may look like shares of banks and steel companies. Papers of the oil and gas sector, and Norilsk Nickel may be under pressure to reduce raw material sites," - said Timur Khamitov, an analyst at the investment company Finam.

of the important statistics in the afternoon is expected publication of data on unemployment in the United States.

Gazprom now submit IFRS financial results for the 3 rd quarter of 2009. Of the foreign companies can now provide records Amazon.com, American Electric Power, AT T, Colgate-Palmolive, Ford Motor, Microsoft, Motorola, Nokia, Procter Gamble.


  

   Source:
   
    
   
  

 

Cheapened oil will slow down the movement of Russia"s market up, but this factor will come to the fore after the first wave of growth
Improved dynamics, including the world"s stock markets, had little effect on the dynamics of the course the single European currency to U.S. dollar
Talking about the end of downward movement in the stock market is still premature
If you continue to rebound can be expected to significantly increase volatility
Trades today will again be volatile, the impact on the market will makrostistiki data on the labor market from the U.S.
Speculatively minded players today can try to playd12to increase in stocks of banking sector
Positive movement in the stock and commodity markets can be understood only as a corrective bounces
On the dynamics of the market today, affect the RF output statistics on its original demands of the unemployed in the U.S.
MICEX in the first minutes of trading will add about 1% and consolidates above 1390 points

Leave Comment

You must be logged in to post a comment.