Market participants record profits in anticipation of the publication of financial results of Goldman Sachs and Citigroup
Oct 15th, 2009 | By admin | Category: News and Commentsvysokovolatilnyh Day Trading
Before today's trading session on Russia's stock market had external background rather to continue shopping, rather than sales. The falling dollar, approaching the mark of $ 1.50 per euro for the first time in 14 months, positive start to the season of accountability in the United States, a stable situation in the energy market - all this was to provide substantial support to the MICEX index. Nevertheless, Russia's main indicator, which opened gepom up after an hour trading was in the red zone. It should be noted that tenders are highly volatile. During the day there were several attempts by the positive market sentiment to improve the situation by returning the value of the index into positive territory, however, as of 15:30 Moscow time the MICEX index lost about 1%. Perhaps market participants took a wait and partially fix the accumulated profits in anticipation of the publication of financial results for the 3 rd quarter of 2009. Goldman Sachs and Citigroup, as well as a large block of macroeconomic statistics from the U.S., which will be published at 16:30 Moscow time. It should also be noted that the mood of the players during the day to a large extent influenced by the publication of weak results from Nokia. Instead of the projected profit for the 3 quarter. TG of 0,09 euros per share, the company very suddenly showed a loss of 0.15 euros per share.
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