>

During the upcoming week-long auction market may test the level of 1060-1070 points on the MICEX index

Jul 27th, 2009 | By admin | Category: News and Comments

Russia

impressive rally for two major American stock market index - Dow Jones, not seen since 2000, was made possible thanks to the secondary housing market indicators and corporate reporting. This has allowed market participants to expect the process of recovery in the economy in the near future. Stock Quotes Caterpillar Inc. soared 24% after the appearance of statements suggesting that the growth of profits tripled surpassed the expectations of market participants. Sector housing companies in the index of the Standard Poor's 500 rose by 11% against a background of sales in the secondary market continue to increase for three consecutive months. A similar trend was observed among the 40 representatives of the energy sector.

In view of the support in the person of the oil market, a weekly schedule that still continues to look in an upward direction, the domestic market is likely be able to test and attempt to overcome the position of 1060-1070p. MICEX index in the upcoming week-long bidding process. In the future movement of the market could reach the mark 1100p. It should be noted that the upcoming week will mark the release of U.S. GDP in the second quarter, which is expected to significantly better results of the first quarter. If confirmed, the actual results of the forecast, the Russian stock exchange platform will be able to complete the third row in the black week session.

Europe

European equity markets on Friday closed the decline, interrupting lasted for nine sessions of the growth due to poor quarterly results of U.S. companies Microsoft and American Express. Over the last nine sessions, the main stock market barometer of Europe took off at 11.5 percent. Resultant quarterly results of companies surpassed analysts' expectations. Shares of Swedish telecommunications equipment manufacturer Ericsson cheaper at 7.35 per cent, despite the fact that its profit was higher than forecasts. Fault to a company statement about the increasing influence of the crisis in the telecommunications market. Shares of British mobile operator Vodafone added 2.48 per cent as it confirmed that the April forecast for 2009.

FT-SE 100 16.81 0.37%
DAX -17.92 -0.34%
CAC40 -7.27 -0.22%

Asia

The continuing growth of Asian stock markets, one of the longest since 2004. takes place against a background of expectations of recovery of regional economies and growth of the company's profits. Nomura Holdings Inc. - Japan's largest brokerage company has grown by 3.1% after the publication Nikkei reported that the company may issue a first quarter positive profit for the first time since 2007. China Mobile Ltd .- one of the world's leading mobile operators has increased by 4% after the emergence of information about the opportunity to reach out to tender shares in overseas markets. Lotte Shopping Co .- leading Korean operator in the retail sector, rose by 5.8% against the backdrop of the rise in consumer confidence indicators in the country to seven peaks.

NIKKEI 225 144.11 1.45%
HANG SENG INDEX 210.94 1.06%
SHANGHAI SE A SHARE INDX 65.80 1.86%
SHANGHAI SE B SHARE INDX 2.88 1.36%
KOSPI INDEX 21.46 1.43%

United States

Fodovy divergent U.S. market was closed after publishing quarterly results, Microsoft and Amazon.com Inc, abandoned series of reports to investors happy. Reduce Microsoft's quarterly earnings surpassed expectations, and the reduction of profits, and Amazon.com Inc least coincided with forecasts, but also disappointed the market. On Thursday, Dow Jones index surpassed a psychologically important mark of 9,000 points. According to him, to overcome technical resistance to SP 500 index on Thursday, followed by corresponding increase of the European and Asian shares are supporting Wall Street.

DJIA 23.95 0.26%
SP 500 2.97 0.30%
NASDAQ COMPOSITE INDEX -7.64 -0.39%
NASDAQ 100 -2.46 -0.15 %

Closure ADR GDR trading on the western sites were divergent in nature.

Gazprom 0,78%
Rosneft 0,23%
Surgutneftegas -0,43%
MMC Norilsk Nickel -0,73%
Rostelekom 0,97%
Gazpromneft -1,98%

Prices are per 1 share

* closing price of a receipt for the United States and European markets to the closing price of shares on the MICEX.

major macroeconomic statistical data suggest that attention to

sales in the primary market of housing in the United States in June. The data will be published in 18-00 Moscow time.

MICEX (daily schedule)

Authorize and appreciate the story;;

Your grade will be the first!


Analyst Ratings


Many technical indicators are in the deep zone perekuplennosti that involves correction
Prices are about the levels of resistance in the coming weeks in the Russian market will decline in purchasing activity
In the WGC-1 Board of Directors established a committee on the strategy and investment
Daughter Group LSR won the tender for the construction of budget accommodation in St. Petersburg at 1.9 billion rubles
FSFR registered dopvypusk shares in Ust-Srednekanskaya HPP RusGidro of $ 4 billion rubles
Indices of the New World closed differently with a spread of -0.4% to 0.3%
For financial markets in the United States past week has been very eventful and ended uniquely successful
Tymoshenko plans to meet with investors Rodovid Bank
The price of imported gas for Ukraine in III sq. 2009 decreased by 27% - up to $ 198.34 for 1 thousand cubic meters. m

Leave Comment

You must be logged in to post a comment.