High oil prices and the strengthening of the ruble is not given to develop correctional attitudes on Russian sites
Mar 22nd, 2010 | By admin | Category: Main NewsÂÂ
 ÂÂ
ÂÂ
ÂÂ
 03.02.10 13:16 ;
 At
favorable external background of Russia"s market began trading environment with a gap up, totaled 0.6% on the MICEX index. The positive dynamics to date is saved thanks to rising oil prices and traded in the "green zone" European indices: the FTSE in positive territory at 0.28% (5,297.95 points) on the DAX index rose 0.27% to 5,725.01 points, the CAC 40 index of 3,825.39 points (0.35%). Futures on the SP added 0,17% and is at the level of 1099.1 points. By 13.00 Moscow time RTS index has increased by 2% and amounts to 1528.73 points and the MICEX index - on 1,28% to 1455.12 points.
Once again, growth leaders are representatives of the regional MRC. In anticipation of announcements of asset valuation methodology Svyazinvest ordinary shares of its subsidiar1000ies, in particular, common and preferred shares Uralsvyazinform went up by 4,5% and 4,7%.
Now
March contract on Brent crude traded at $ 76.69 per barrel on crude oil Light - $ 77,78 per barrel. "From a technical standpoint, the futures on Brent crude was able to overcome resistance at $ 75. In this case the closest level that could prevent upward movement, is the level of $ 80, - analyst OOO NETTREYDER Bogdan Zvarich. "Overcoming the level of the 50-day moving average on the market Crude Light crude is subject to consolidation above this mark, may have added to maintain the positive sentiment on the equity market. Thus, the favorable development of the situation may continue to rise to the nearest local peak - 1460 points on an index MICEX and later closer to the mark of 1,470 points, "- says Denis Shabanov (Investbank). Against this backdrop, shares of oil and gas companies to the middle of the day are traded on the market level. Rosneft rises in price on 1,6%, "LUKOIL" is growing at 0.86%, Surgutneftegaz - by 1%, Gazprom - by 1,1%.
"Traditional purchasing precious metals in the early years of the funds, the overall improvement in investor sentiment, as well as decrease the U.S. dollar will provide sustained support to the quotations of gold and silver" - notice the company"s experts UMIS. Morning, and the major industrial metals continue to rise in price along with the weakening U.S. currency. Against this backdrop, shares of Norilsk Nickel"s rise to 1.03%, Severstal - on 3,8%, Polyus Gold - on 74%.
The banking sector was also traded in the "green zone": paper VTB in the black at 0.79%, Sberbank - on 0,62%.
The euro /dollar is at around 1,401. According to chief economist UK "Finam Management" Alexander Aspen, short-term prospects of the currency pair looks relatively favorable. "Rise in oil prices increases the demand for the commodity currencies, thus strengthening the ruble (29,95) will be another incentive to increase our stock indicators", - analyst IK "ITinvest" Alexander Potavin. The ruble to the dollar on the MICEX at the moment is 30.18 rubles. Cost currency basket fell to 35.26 rubles (35.59 rubles on Tuesday).
By 13.00 Moscow time on Russia"s ADR shares in London (in dollars per share) are: "LUKOIL" - 56.7 "Norilsk Nickel" - 161.8, Rosneft - 8.24, "Rostelecom" - 5.317, Gazprom - 6.555 .
 ÂÂ
   Source:
  ÂÂ
   ÂÂ
  ÂÂ
 ÂÂ
ÂÂ
Europe: a preponderance of the bears left
IMF: Russia should be more strictly control their banking system
China. Must eat more
Russia banned the banks to change the rates on loans and deposits
The disappointing statistic data from the United States reversed the "no" to all of these positive market of Russia
Company Enel is ready to take control of energy assets in Russia, it can be as individual stations, and a group of stations
"Gazprom" in 2012, plans to begin construction of the gas transportation system "Yakutia - Khabarovsk - Vladivostok
U.S.: Reporting season turned back to the market
Russia approved the merger of VimpelCom and Kyivstar
