hinder the bank's shares to rise to our index

As we expected, in the first half of the day on Wednesday, Russia's stock market continued its sluggish climb started the day before. However, after lunch, the sellers took the initiative in their hands. Having managed to update the annual maximum ordinary (59.63 rub.) And preferred shares (39.24 rub.) Sberbank fell under the knife investors who have decided to take profits now pushes its price by more than 1%. A similar dynamic is visible and papers VTB (-2%). These chips do not give to be the MICEX index (1150.4 p.; 0,1%) significantly higher than the previous day's close.

I think that in general, positional trading near current levels persist until evening. There is a theme that the dollar and hence the price of oil in the next couple of days will remain stable. There is a chance that the outgoing tonight report on stocks of the API will support the demand for the purchase of oil contracts.

The acts of our metallurgists today can hardly see the demand (MICEX MM -1,25%), against the backdrop of the last reporting agency Moody's, which brought to the attention of investors on the profitability of Russia's metallurgical remains low until the end of 2009.

In the second echelon of shares strong growth allocated shares Sollers (10,5%), which react to the positive dynamics of car sales this summer. In general, sales of new passenger cars in Russia continue to decline. By August, the drop was 54% y /y. Total for 8 months of this year, sales of passenger cars in the country amounted to 989.9 thousand cars. For comparison: in China only for August was 858.3 thousand cars.

Given a smooth lifting of European and U.S. stock indices futures, I think our market shares will be in the evening just above current levels, especially in the oil industry papers.

In August 2009, Energy Company of Bashkortostan electricity output by up to 1.4341 billion kWh
American stock market on Tuesday closed by growth on the background of an active process of mergers and acquisitions in the U.S. and rising raw material prices due to weak dollar
Opinion: Ukraine has long been necessary to move from dollars to euros
RBS intends to sell the aircraft leasing unit
Analytics - the outcome of the day

Energy, World Stock Market, Currency, Weather ...

Higher oil prices have continued to win back only LUKOIL, in other securities sector dynamics close to neutral
Trading volume on the market of government securities amounted to 59.21 billion rubles
At past auctions on Tuesday, 8 September, the U.S. dollar has greatly fallen in price
By this morning the primer has dried up investor optimism