>

Leaders of growth on the Russian market are the most liquid securities of banking, steel and petrochemical sectors

Jul 15th, 2009 | By admin | Category: News and Comments

look forward to continuing the rebound to top, but now every point is probably already reached

rebound on the Russian stock market continues. And, if we compare today with yesterday's upward movement dynamics, it does not indicate any slowdown. Thus, market participants feel quite comfortable in the current environment, relying on the continued recovery in the market in the region 950 items on the MICEX Index. Again raised to $ 62 for Brent futures quotes, and more than a 1% rise in futures on the S P500 before opening the bidding in New York quietly allowed to observe the development of corrective rebound to the top securities of Russian issuers. MICEX Index has almost reached a level of 930 points.

leading growth in our market are the most liquid securities of banking, steel and petrochemical sectors. MMC Nornikel, Gazprom, Lukoil and Sberbank added more than 4.5%. In the red of the relatively liquid securities anybody except Polimetall (-0.7%) today, no. The vast majority of chips to update their records yesterday, having played full effects of the evening sales in the market and further develop its success. Not solved this problem with a minimum only Surgutneftegaz and Sberbank. This is a negative signal for the shares of these companies, indicating their relative weakness at the moment.

We continue to count on the continuation of the rebound after the top polutoranedelnogo fall on the Russian stock market. However, perhaps now Max has already been achieved. The growth of chips are very decent for a single day, a large set of statdannyh in the second half of trading session, but rather will be a deterrent to the activity of speculators, rather than a potential driver to speed up recovery. At 16.30 Moscow time to be published data on inflation in the United States (the root of inflation forecast 1.7% in annual terms) and the Industrial Index FRB of New York (expected to -5 points). At 17.15 Moscow time will the data on an index of industrial production in the United States for the month of June. He is expected to confirm the continuing decline in the manufacturing sector (-0.6% in May).

But even more interesting the data that will be after the completion of trades in Russia. Late in the evening will be published the minutes of the last meeting of the Fed. They will not only gives the Fed to assess the current state of U.S. economy, but are likely to be hinting at further action the regulator to maintain incentives. The latter may have a determining influence on the mood of investors. Meanwhile, speculative configured players who do not intend to take relating to the publication of this document, the risks, it makes sense to fix the profit to have long positions.

Authorize and appreciate the story;;

3 users rated material at 4,3.


Analyst Ratings


MICEX and ROSNANO presented to professional investors a new trading sector - Market innovation and investment
Uralsvyazinform approved of the four committees of the Board of Directors
Currency swings
Overview of the oil market for 14.07.09
Asia: corporate accountability raised in investors' optimism
The level of confidence in the global economy fell in July for the first time in 4 months
The European Commission is organizing 2 nd meeting on the issue of providing assistance to Ukraine, if you pay for gas
KSCA: Kyiv owe for housing and communal services to over 300 million UAH
Forex on the European session

Leave Comment

You must be logged in to post a comment.