13.01.10 12:42 ;
 

Russia"s share platforms have begun trading today, the major indices lower, playing drop in oil prices to a minimum this year, values and attitudes convicts on the world stock markets due to a possible further tightening of monetary policy in China. During the first minutes of the auctions RTS index has dropped to 1.31% to 1,515.59 points level, MICEX sank 0.97% to 1,413.77 points.

By midday, the MICEX index was able to get a plus. Support for Russia"s stock exchanges come from the European sites, where trades take place in the Green Zone. The FTSE rose by 0.04% to 5,500.882 points, DAX index rose to 0.13% to 5,950.92 points, the CAC 40 index was 4001.6 points (0.039%). Futures on the SP lost 0,238% and is at the level of 1136.6 points. By 12.40 Moscow time the MICEX index rose by 0.216% and amounts to 1430.76 points, the RTS index sank to 0.270% to 1531.7 points. Trading volume on the MICEX exchange is $ 1 793.32 million

In the morning, leaders of growth stocks Belon on news that the company prepaid credit provided by the bank VTB. Quotes Belon increased by 7,356%. "This news is very positive for the Belon. The company"s debts is, in our opinion, one of the main risks of investing in its shares. We expected that the role of CMI in controlling shareholder Belon help solve the problem of debt," - says Eugene Ryabkov analyst Investment Bank CIT Finance. According to Stanislav Fomenko, analyst Veles Capital, the main reason for early repayment, obviously, lies in the cost of capital - lending rate for the Belon higher cost of borrowing (in the case of bonds) for CMI. "Accordingly, within the group (and Belon, respectively), these decisions appear to be justified and beneficial. Thus, the news we are inclined to regard as a positive for the market shares of the coal company," - he believes.

also leaders of growth stocks in today Raspadskaya (4.366%), Razgulyai (5.027%), Severstal (2.907%), FGC (2.663%). Better the market looks grown up on 0,87% and 0,44% common and preferred shares, respectively, the Savings Bank.

outsiders are paper "KAMAZ" (-3.758%), "AvtoVAZ" (-1.995%), TGK-9 (-%), AFK Sistema (-1.54%) and prefecture "North West Telecom (-1.098%).

Papers

Russia"s oil and gas sector in the absence of support from the oil quotations are today under pressure from the likely further increase export duties on oil and petroleum products. By 12.40 Moscow time, the March futures for Brent crude traded at $ 79.3 per barrel, Light - $ 80.54 per barrel. Equity sector show mixed trends. Papers of "Gazprom" declined 0.30%, Rosneft - on 0,10%, Gazprom Neft - on 1,01%, "Tatneft" - on 0,33%. Quotes LUKoil rose 0.21%, Surgutneftegaz - on 0,53%.

"Oil prices in the coming days, apparently, will be increasingly influenced by statistics from the ocean. Already, the evening before the closing of Russia"s Ministry of Energy, the U.S. market will provide a weekly report on energy supplies. Until that time on domestic platforms likely to see consolidation of the indexes reached levels close to that, however, does not preclude a more active movement in individual securities, "- says Ekaterina Belova, FG" A private attorney. "

By 12.40 Moscow time, Russia"s ADRs for shares in London (in dollars per share) are: "LUKOIL" - 58.1, Norilsk Nickel - 158.5, Rosneft - 9.03, "Rostelecom" - 4.792, Gazprom - 6.472 .

At the appointed time on the MICEX per dollar 29.6388 rubles provide for one euro - 42.9550 rubles. Thus, the value of currency basket is 35.5871 rubles. By 12:40 Moscow time the euro /dollar is at the level of 1,45.

In the United States at 18:30 Moscow time, there are data of the Ministry of Energy on oil and petroleum products for the week ending January 8. The U.S. Treasury will publish data on the country"s budget in December. And at 22:00 Moscow time will report the U.S. Federal Reserve about the state of the economy.

Regarding the future prospects of Russia"s stock market, the portfolio manager Denis Spiridonov IK "Finam" believes that much of the dynamics of Russian sites will be determined by oil prices and the movement of U.S. stock indexes, which in turn will be determined by records of corporations. "The most likely scenario is continued upward movement after a small correction in global stock and commodity platforms. We recommend to use the reduction for the formation of positions per the New Year rally" - the expert believes.

  

   Source:
   
    
   
  

 

Photos made by Medvedev in Tobolsk, sold at auction for 51 million rubles
Major retailers recorded the traditional increase in sales for December
In the absence of interesting statistics increase European markets boosted Russian exchanges
Europe: Commodity indexes helped entrench
Expert: The stock market will react to the election after the second round
Banks await the start of economic recovery in Eastern Europe this year
The electronic version of The New York Times will be paid
Lukashenko concerned about the situation on the border of Belarus with Russia and Ukraine
Latin America: results of the elections in Chile have had a beneficial effect on markets