Correction

The flow of internal and external negative news this week returned a negative sentiment on global stock sites. Home statdannye put on the reduction of industrial production in Russia in May to 17.1%, dissipate, thus, expectations associated with the beginning of economic recovery in Russia. Then Barack Obama statement that unemployment in the United States by the end of the year may reach 10%, as well as yesterday's news from the SP to reduce the ratings and their predictions for the 22 largest banks in the U.S. intensified pessimism of the world financial community.

European court closed yesterday, with minus 1% -2%, U.S. stock indicators also showed a weak negative momentum. By today's opening of the Russian stock market is a mixed external background. Indices of the Asia-Pacific region show negative trends (Nikkei -1.39%), U.S. futures traded in a small, black, quotes, futures on an easy mark WTI oil added 0.5% and again at point 72 $ /barrel.

On such a background of Russian external sites open in a light black, adjust, thus leading to massive fall yesterday. Ghost optimism lasted long, and has just half an hour later, the market has become once again swamp in the negative zone. At 11.30 PM IST RTS index -1%; MICEX index -0.4%. As leaders of reducing the shares of Sberbank JSC (-2%), shares of VTB (-1,8%). In the positive zone remain some oil shares ( Lukoil, Surgutneftegaz JSC), supported by still high oil prices.

The market is currently quite weak. He has the third week of looks down with a great desire to be corrected, however, full correction is not obtained because expensive oil, which for various reasons did not want to fall. Another cause for reduction in stock market - to strengthen the recent U.S. dollar against the ruble. It also helps to reduce the RTS index quotations and quotations of Russian shares. Thus, there are 2 forces that are pulling our market, and, pulling in different directions. On the one hand, this strengthens the dollar, which stimulates the overdue correction, and on the other - nepadayuschaya oil, which provides support to oil stocks and the market as a whole. We won the first power plus factor overdue correction. It sustained a feeling that in the event of weakening the position of oil we get the full reduction on the normal market somewhere in the region 900, and maybe even 800 points for the RTS index.

Correction on Russian sites vydohnetsya early next week
Strongly prosest Russian market not established the price of oil close to $ 70 a barrel
The situation on the foreign sites remains relatively stable
Today on the Russian stock market is expected small increase in the main indices
It is possible that during the session, the MICEX and RTS indexes fell below 1000 points
Today at the Russian sites is expected to continue the negative dynamics of
Another aim of the MICEX indexwill mark 1000 points
Shares IDC Volga now overvalued relative to the analogs
Today on the Russian stock market is expected to multidirectional changes in quotations of securities